alifari's Blog

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Chart Examples of my Strategy

Here are couple of chart examples of my strategy, as per Dukascopy current rules requirement.
You could read detail logic of my strategy here:
http://www.dukascopy.com/strategycontest/?action=blog&trader=alifari
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Understanding Price Chart

4. Understanding Price Chart:
"Trading is not about markets; it's about thinking"
Majority of novice retail traders do technical analysis and use price and time chart to execute their trades. Each trader have their own interpretation of price movements they see on price chart and use different tools or indicators such as moving averages, fibonacci, trend line, gann, support/resistance, supply/demand etc. to execute their trades.
There is one very important aspect of technical analysis which reta…
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