Sunday, December 26, 2021

Updating New Method of Trading Forex

I'm going to just keep it simple with how I trade this time around by looking at the monthly and daily chart, while making an entry on the 4-hour chart. This seems to be making the most sense to me. I'm noticing that with how the monthly chart forms with its candlesticks, the daily chart will show the market following in that same direction in the long term. This practically means to me making reliable money! 

My plan of attack is treating the Forex market like I'm treating them as long-term stocks. I really do like playing it this way, so I'll see how it goes from here on out for the next few months with this same simple strategy.