My trading strategy is by using 21ema for trend direction i.e price must be below the 21 ema for sell while price above 21 ema for buy. I trade mostly price pullback or retracement to support or resistance then I will pull the trigger I had been making some profit with this strategy.
It's nice to hear that you have a specific strategy. Meawhile, on my trading I'm not that professional in terms but I know how to handle my trade without doubt. This is something I know better than technical analysis.
I agree on that. You don't need too much analysis for you to succeed in your trade. What more important is you know how to handle your trades and eliminate it. That's how trading works and that's how successful traders used to trade.
It is depends on what kind trader are you? A day trader or a long term trader?
When you want to trading for long term you can make an analysis for long term , make prediction based on the available data and put your buy and sell position.
But when you decide to trade for daily profit , you just need to cut the loss if down 10% and take the profit when up 5%. That is what i am doing.