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Indicators vs Price Action - Which is King?

Better System Trader

CHAPTER

Why Are You Trading a Trend Following Strategy on Something That Doesn't Trend?

"Why are you trading a trend following strategy on something that doesn't trend? Like, I don't get it. Now I take my strategies and I run them on 20 pairs," he says. "Well guess which one is by far the best, the pound yen?" The average true range is almost double most, right? Just look at a chart, use your eyeballs, right? ...I'm not dumb anymore because I don't trade anything in forex except the pound yen."

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