Today I felt an urge to pay a visit to the library to see if I can gain some insights into forex trading from some books.
Well, I was rewarded with a pretty cool beginner's guide to technical analysis...but it so happened that it was the last of the pile of 8 books i picked.
And basically today I read about identifying trends and some basic guidelines as to note when trendlines are breached and whether or not the trend is sustainable etc...
I kinda come to the conclusion that I might be better off with online resouces...but indeed the book covers the topics in much more details...
Just as a note...I've a very nice forum mate who posted some very relevant links to videos on forex trading and skills involved...here's the link...http://intelnova.net/forum/index.php?showtopic=3111...
What's in progress now is still my model of pips los tolerance applied to my current strategies...but I could go very far today...tomorrow I should be able to fgure it out...
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