Forex Trading 2018- TA/FA- Setups and discussion, page-4628

Welcome Zestfulmocha, I hope you get something useful out of this forum.

The first thing I'll say is that the road to successful FX trading is a long one so don't rush in trading real money - spend as much time as you can studying the field, testing and backtesting strategies, trading in demo mode, before ever going live.

I'll put up a diagram that RickM has put up here a few times (btw you would do well to read through all of RickM's posts - they are a goldmine of simple and effective tradinng strategies):

There are many different approaches that can be taken in FX (just like in Equities) so its a matter of finding what works for you, but having the discipline to develop and test the strategy before risking money on it, and just as importantly sticking to the strategy. Good luck with you journey if you stick at it - and don't hesitate to ask questions.

Btw you will see that some us trade manually, but some are going down the automation path using algo's - that's personally how I've chosen to go because I believe the approach is scalable, but it requires the investment to learn how to develop algo's. Its not for everyone though.

Cheers, Sharks