I'm new to forex trading and trading in general and need some advice since I'm never sure if my way of analysis is good enough. I'm thinking of shorting based on the head and shoulders pattern and the lower lows and lower highs that show a change of the uptrend in the 45 min time frame. I have a far way to go to become a profitable trader and I'd be grateful for any advice.
Hi buddy, basically u need to understand the charts, actually I can see the pound reach his higher level in the monthly time frame so hopefully ur analysis is good, we are waiting for the big fall, regards.