I am committed to take forex trading as a serious business and I am committed to learn :-
(1)all e-books downloaded from NickB's website.
(2)video course
(3)threads from Forum at Forex4noobs & Babypips
(4)Blog post -Nick,Metalhawks,Fetors and synapses
Most important- Keep it Simple -No indicators, only candlesticks pattern,S&R lines,Scalp lines and Price action.
It's a good start and I promised to be discipline and hardworking in my trading.
----------------------------------------------
NickB method- scalp lines
The setup for the trades is simple...
Pair: GBP/JPY
Timeframe: 4 hour
Indicators: NONE!!
What we want to do first is to find recent swing highs and swing lows where the price has hit and made a significant reversal. So what do we do with these scalp lines?? You trade them! When the price returns to a scalp line you simply place a trade on the break of the line using a 50 pip stoploss and a 50 pip takeprofit. Not only are these trades easy to find, they can be taken with pending orders! So if you work full-time this is a great method to use!
