snapdragon1970 posted: You should get into the habit of closing positions early or minimum stop loss, most of the data is Euro bullish, best not to fight with the market.
Its the same what you see in chart but more complex. It's all price points in certain period of time. If you just started it's going to be complicated for you. Stick to traditional candlestick chart. You will learn later
I haven’t even discovered if I dislike some pairs because I have not started trying out some pairs. I only stick with EUR/USD and GBP/USD and is just fine with the combinations. I do hope I can diverge into some other pairs soon.
Best is to study professional the forex markets and instruments, candles and patterns and then a method to predict the future movement of a index value of a instrument like EUR/USD, I guess... The stress is in the amount of study materials, hours of webinars, etc. Not in setting a trade and profiting.
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