Yeah, I'm.
Not that you would care about it.
It's been a few years now for me Forex, maybe not that 2 years is much, actually I know it is nothing, but I'm afraid that I won't get everywhere from here.
I'm in the second step of these famous 5 measures quoted somewhere in the forum. I understand that... I do not understand.
To tell the truththis tool actually gave me a huge hand:
I can not remember how it was called, I simply call it Strenght meter, I imagined the one I use, but I got the idea from a link somewhere here on forum and I think the founder was Henry Liu or something like this. Anyhow, that tool measure the overall strenght of a currency, like an index, and if you compare high scores currencies with low score types that you can actually find some good up/down tendencies.
But... yea there's a but. I actually do not understand how to use this wonderful tool I have in my palms. I lately used it to choose what pair to trade, the most climbing currency against the most falling one...
I do not understand, I do not have rules to follow and I'm lost, I'm not still able to make my own principles. I'm good at money management, it is not that I'm loosing too much (I've an account with 100? On it, so it is not big declines, but it still is real money), I'm not risking much, I'm not cutting my wins or allowing my losses move, etc . I'm kinda... balancing my losses with my wins, breakeven. And I'm delighted with that, I'm proud of myself for this.
But I can not move out of here. I'm not able to.
Actually, I stopped reading the trading egies department,'cause'till 6 weeks ago I was a Systemhopper, leaping from a egy into another. I determined that I needed to make myself a way using all the good understanding I had found here. So I began reading the trading conversation, broker talk and rookie discussion segments, a small bit even one.
I really don't use indiors if not created by mepersonally, and, even people, never modify the true price with strange formulas.
I tend not to give much importance to timeframes.
Never attempted scalping or something like this, I only know it doesn't suit me.
I really don't know what to say if not , again, I'm missing. I want some light.
Can you assist me? Give me a hand ?
Thank you forum.
Regards,