Back to 2003 when I first started forex and tried and learn many methods without success and blow many of my accounts, the most effective and profitable method is PA(price action), follow the trend, money management, and patience.
- Wait and patience like sniper, when the trend established (PA), just ride it, a few hundred pips will be in your pocket per trade.
- money management.
Please see the chart that I included for more details, GBP-USD September 17, 18, 19 2008
Happy Trading