in terms of eurusd (jpy aud gbp corsses are the same) you wre trading the most trending section of last decade..! before coming to conclusion, experience the sideways market too
DislikedHello everyone, I am new to Forex trading. After losing heavily in risky strategies (putting all the eggs on one single trade, etc.) I decided to play safer, and to see if long-term trades, with very little risk involved each time, success will smile to me. My new strategy is very simple: I will ONLY trade in a pair if I can clearly deduct whether a it has a clear trend on both weekly and daily charts. I no longer care about smaller time scales. My risk is approximately 0.5% of my capital per trade, and I generally let them to run for 2-6 weeks....Ignored