Wow .. there’s only one truth here There is none.Thinking that there’s some magic formula to Technical Analysis that works most of the time is being fooslih. I could give you one of many successful strategies, I could tell you what currency pairs to run them on at what time and I would make money you would lose money.First off it’s a rare successful trader that works off of one indicator. Most use two (or more). The first one gets your attention then you use the other(s) for confirmation. In Forex this should get you a winning trade 45% 55% of the time (and that’s very good). Here what you need to know (learn), in order of importance;Trading psychologyMoney Trading Management (risk control)Technical AnalysisMost newbies will find what I’m saying to be ridiculous. And so it goes.Learning this stuff can take 3-5 years. Most fail in well under 12 months. Was this answer helpful?