Y.A.N. Yet Another Newbie

Hi everybody,

I've been lurking on this forum for a while and wanted to drop by and say hello. Thankfully, this place helped me filter out lots of the hypeish BS that's too common on the web.

Now to work on improving my skills at reading/understanding charts and to create a system. Can anyone recommend resources for that?

Hey Dr J.

Welcome to the Factory. Have you checked out the trading system threads in the beginners forum? There's some cool stuff there. I happen to like the Vegas systems but thats me.....I do think they are best though.

Check out James 16 Chart thread for some great tips and by all means consider investing in your training in the Private Forum> Go to "Prefferred Services and click on "James 16 Group" for more info.

Good Journey!

HeavyJ

Hello,

I was introduced to Forex thru a friend. We both attended a seminar & now he was trading full time using his own approach instead of the one taught by the seminar, as for me I wasnt that committed to learning the rope as at that point I had kids in their elementary school (in & out of demo). Now my kids are in the high school which left me more time on hands to learn the rope. I had an expire demo acct but I just had Oanda install recently to get me started. I will re-read some of the book eg books written by Faith Curtis & Kathy Lien.

I had decided to set aside 1 hr each day on the platform for backtesting using line to find S/R on USD/JPY as I was told it is not as volatile as other pair eg GBP/USD. But must the 1 hr be at the same hour each day, cos apart from my full time job I also had to complete household chores and so my 1 hr will be different each day. Is that Ok?

regards