First, before to start trading in forex, we must have understanding about :
1. How market works.
2. How to manage ourselves (it's about psychology matter).
3. How to manage capital and risk (it's about M/M and R/R).
4. How to know ourselves for trading style.
5. How to know and determine the tools that exactly we need to have it.
6. How to create a trading plan.
Trading forex is not very easy.
Thus, we must able to passed the rules above first before start.
Or, just make a copy trades from the expert.
It could be wise :)
1. How market works.
2. How to manage ourselves (it's about psychology matter).
3. How to manage capital and risk (it's about M/M and R/R).
4. How to know ourselves for trading style.
5. How to know and determine the tools that exactly we need to have it.
6. How to create a trading plan.
Trading forex is not very easy.
Thus, we must able to passed the rules above first before start.
Or, just make a copy trades from the expert.
It could be wise :)
Honest Sarjono
Hello, here is my own opinion when creating a weekly trading plan for March 14 -18, 2016 base on Support and Resistance. 1282 is current Resistance as key breakout to upside follow Resistance above. and 1227 is a sign XAUUSD want to break to downside...
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