Hello
I need some help.
I have many years of experience trading shares and I do it with a good success rate but with Forex I don't know anymore how to make consistent profit despite I use good money management, use small sizes, use stops, yet it makes very little sense of what's happening.
I give 2 examples just today, both on the 5 minute chart.
Here 1) EUR/USD where I tried short both on point 1 and 2, both stopped, then it goes above trendline and then comes down. No sense.
2) AUD/USD, there is a channel, I try long at point 1, it breaks down the trend, then it goes up again. It makes me angry.
Can anyone give me some advice please? Thanks
I need some help.
I have many years of experience trading shares and I do it with a good success rate but with Forex I don't know anymore how to make consistent profit despite I use good money management, use small sizes, use stops, yet it makes very little sense of what's happening.
I give 2 examples just today, both on the 5 minute chart.
Here 1) EUR/USD where I tried short both on point 1 and 2, both stopped, then it goes above trendline and then comes down. No sense.
2) AUD/USD, there is a channel, I try long at point 1, it breaks down the trend, then it goes up again. It makes me angry.
Can anyone give me some advice please? Thanks