I'm relatively new to this thing. I've been studying it since 2005 but really buckled down with a partner this time since May of this year. I've worked harder at this than anything else in my life, probably. We have been demo trading now going on 5 months. When the madness with the Euro happened in August, it affected us greatly. So we then tried to find some different currency pairs to trade. With what happened this past week, it's affected the currency pairs that we've been trading since switching from the eur/ usd and a couple others. When the debacle of August happened it forced us to look, sooner, into some other methods that we had always said we would check out later- fibs and pitchforks. What I'm wondering is do you guys have any suggestions for what traders can do to adapt more quickly to the changes in the market and consequently the behavior of the currency pairs. I was told methods such as the fibs and pitchforks can work in any market condition.
I'll take any suggestions.
Thank you
I'll take any suggestions.
Thank you