Greetings, I have been watching a lot of topics here, so I have just opened an account here to create this thread. I got inspired to create a journal and track my trades here, in hopes of progressing and see more than my point of view regarding trade ideas I come across to. I have just a litttle bit over [2 1/2] months of Forex experience. But I am confident that throughout my learning which still hasn’t ended and actually just begun, I had the luck to filter most fake information and false hope shortcuts like telegram signals, EA’s for crazy profits, holy grail indicators and similar things pretty fast. I work night shifts, and for the past 2 months I have spent countless of hours demo trading, reading, watching videos, going through courses and pretty much dreaming about candlesticks which a bit bothers me but whatever.
My trading plan is simple, since I do not believe that having 10 indicators swarming over my chart is going to help me. I am going to plot major key S/R on weekly, daily and H4 time frame, then as the price reaches that level I am going to see how it reacts to that and if it forms any patterns or just a simple momentum loss, I might use trendlines and Fibonacci but nothing more, just for extra data and confirmation. RSI divergences are also worth looking into. Last but not least, trading with the trend. I find the entry through the 1H to 15min time frame. My style is kind of mixed, I enjoy both intraday and swing trading, but I believe swing is safer. Risk to reward is always fixed to 1.5:1. Skipping NFPs too. Wish me good luck.