In my opinion there is nothing more simple than using the Rsi (14) and the Ma 62 , with the bollinger bands and wait for the perfect shot which will great if it was like this
example:
tthe price be up the ma in the time frames (4h,1h,30m,15m) and if that is happening then go to one minute chart and see if the price it near the lower bollinger line and the RSi is touching the 30 and we enter a buy ( quick Scalping) for 5 points take profit and 10 point stop loss.
---------- Post added at 09:39 PM ---------- Previous post was at 09:25 PM ----------
To profit in trading, you must make recognize the markets. To recognize the markets, you must first know and recognize yourself. The first step of gaining self-awareness is ensuring that your risk tolerance and capital allocation to forex and trading are not excessive or lacking. This means that you must carefully study and analyze your own financial goals in engaging forex trading.
---------- Post added at 09:41 PM ---------- Previous post was at 09:39 PM ----------
Once you know what you want from trading, you must systematically define a time frame and a working plan for your trading career. What constitutes failure, what would be defined as success? What is the time frame for the trial and error process that will inevitably be an important part of your learning? How much time can you devote to trading? Do you aim at financial independence, or merely aim to generate extra income? These and similar questions must be answered before you can gain the clear vision necessary for a persistent and patient approach to trading. Also, having clear goals will make it easier to abandon the endeavor entirely in case that the risks/return analysis precludes a profitable outcome.