Hi im a beginner and would like to know if this is correct and also how i can improve analysis. I have watched YouTube vids and have used my general knowledge but would still like to improve. Thanks.
You will never know if your right until the trade see itself through, you just need to stack up your probabilities on the technicals and fundamentals, stay alert to fundamentals once your in the trade/aware of any data releases (fx calendar news) during the trade and learn confirmations to know if the trade is valid for your analysis. gbpusd my analysis i am looking for shorts below 1.35750 but waiting for confirmation first, no confirmation no trade (thats how you should think for your own account). For me im really impatient so whilst i look and wait for a good setup i scalp 20 pips here and there using 2 stochastic oscillators (5,3,3 + 14,3,3) (see confirmation matches the same on 15m, 30m, 1h). Hope that helps