How was I studying?
The usual, immersing myself into candle reversals and patterns. First learnt from bullishbears website as they had a study structure to follow. I tried to use moving averages and trendline signals. At the time could not apply them successfully. I tried to discover patterns of my own and test them. After making numerous practice trades including 47 live trades and only making 4 dollars; banging my head on the same wall expecting better results I realised something must be wrong.
The plan initially was to trade equity. However I was discouraged after most of the brokers I tried penalised me for pattern trading or day trading. I needed to have a larger account to be allowed to do this.
Stumbled onto Forex market and have not looked back. The broker I am with give me more freedom to trade the way I want.
What was I using?
I am currently using MT4 to execute my forex trades, and TradeView for charting and back testing.
Only just started using Forums like this and I have already seen where I am may be going wrong.
Up to this point, I have being relying on chart structure alone. Without any other indicators and confirmations. I think this may be where I was going wrong.