If it was that easy, everybody would be doing it.... HANG IN THERE Mate!
I have taken this all in - Indicators, news, etc.
and what i found is you still need a gut feeling on this stuff
sometimes it is like flipping a coin...I know all the guys out there with all there systems are probably Laughing right now!, but if you think about it ... you can never TRULY predict which way it will go.
I live in the USofA and i been doing pretty good trading GBP/USD - EUR/USD and USD/JPY .....our economy is crap right now...so the trend is to go long with GBP and EUR and it has been working.....
To sum it up:
i think (FOR ME ANYWAY) picking only 2 or 3 of the same currencies and only trading those, then you can almost see the TRENDS develop from one day to the next...
the only thing i know is that i have been live Trading for over a month,,, started with a small 1000.00 account,,, now my account is over 1300.00....so what ever i am doing it must be working.....
Let's test my theory, RETAIL NEWS USA will come out tomorrow, THEY say will be good,, I bet that If You SHORT EUR/USD you should see a Trend, the dollar has been getting BEAT UP lately, this news should help....If it is BAD NEWS, all bets are off
Sorry, just wanted to share my experience,,,
I was frustrated in DEMO WORLD, now LIVE is much more peaceful
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