If you are a forex trader and ain't that much successful probably you need to look at your system again. Is it cluttered with too many trend lines, too many formations and too many indicators ? Do you happen to change your strategy every loss or do you randomly chose a strategy just because you heard somewhere that it was good and you tried to adopt that one. Why not switch to something more simple and less cluttered ?
The key code in acquiring surviving knowledge in forex would be to use as much less data as is sufficient. Here is a place that could help you use a simple strategy on a lower time frame and let you win most of the times with an ideal ratio of 1:2 for risk/reward and could let you earn while you learn your way ahead.
The best behavior when trading forex would be to focus on a couple of pairs maximum. Trade as many pairs as you can get your hands on or more than what you can digest and you will be swift on your way to bankruptcy. So I will only be quoting trades here for EUR/USD and at times USD/JPY as I happen to focus on these two pairs.
The key code in acquiring surviving knowledge in forex would be to use as much less data as is sufficient. Here is a place that could help you use a simple strategy on a lower time frame and let you win most of the times with an ideal ratio of 1:2 for risk/reward and could let you earn while you learn your way ahead.
The best behavior when trading forex would be to focus on a couple of pairs maximum. Trade as many pairs as you can get your hands on or more than what you can digest and you will be swift on your way to bankruptcy. So I will only be quoting trades here for EUR/USD and at times USD/JPY as I happen to focus on these two pairs.
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