IMHO, i think it is more of 50% DISCIPLINE and 50% technical.
Absolute truth! Easier said than done , especially so when you are financially desperate. Forex trading is a lot like farming Himalayan Lily. Slowly watching the delicate plant grow day after day.
Trend determination with Candlestick pattern alone is vastly inadequate. Candlestick patterns should be combine with many other convincing metrics to improve the accuracy of trend Bias.
That’s not true. I agree that interpretation of news can be difficult some times, and at worst plain confusing. Nevertheless, i believe retrospective comparison between news(data release) and time price chart could prove to be very useful.
That would be an overstatement.
I presume you mean harsh.