Mandrake System

mandrake system

Forex market, like any other market, works in a very simple way. It accumulates in a certain area for awhile, and once the accumulation is over, it advances to a certain distance until distribution starts. Some technical analysts say that Relative Strength Index and Stochastic Oscillator are the trading tools which a trader simply can’t live without. Traders usually suffer when the market is flat. Their indicators may give false signals due to lack of volume-volatility. Mandrake system works on EUR/USD, GBP/USD, USD/CHF and AUD/USD. You can use any short-term time frame depending on your trading style but I prefer… Continue reading