moonchild
VIP Contributor
Forex has different currency pairs and most of them move differently and have different volatility, it is overwhelming for beginner to focus on all of the pairs, you'll be worn out easily and you'll lose your drivs in time, our attention is very limited as human being and demanding tasks can easily wear us out in no time.
When I was starting in Forex I was on every pair trying to figure out what do do and entering trades barely knowing what market is doing until I met my mentor who held my hand and give me some golden nuggets which are ever green till this date.
He said I should focus on one currency pair alone and I did that and I tell you guys the results were tremendous because I didn't have to do much most of the times, all I have to do was, to just check and see if price have reach the level I want to place a trade, I stopped trading impulsively.
The currency pair I'll advise you is AUDUSD, it's not Volatile and it doesn't have a lot of noise, go to the higher time frames and make your chart analysis down to one hour, master this pair before adding another one.
When I was starting in Forex I was on every pair trying to figure out what do do and entering trades barely knowing what market is doing until I met my mentor who held my hand and give me some golden nuggets which are ever green till this date.
He said I should focus on one currency pair alone and I did that and I tell you guys the results were tremendous because I didn't have to do much most of the times, all I have to do was, to just check and see if price have reach the level I want to place a trade, I stopped trading impulsively.
The currency pair I'll advise you is AUDUSD, it's not Volatile and it doesn't have a lot of noise, go to the higher time frames and make your chart analysis down to one hour, master this pair before adding another one.