The only thing I can add is that remember you are only still learning – don’t beat yourself up that you can’t see these or that you see obstacles preventing you from trading. Most newbies just jump in head first like Rambo without any thought of risk. You have progressed beyond that and are recognising [...]
Here is a link to a brilliant thread / article about how best to trade using the support and resistance method.
http://www.forexfactory.com/showthread.php?t=206723
How to trade support and resistance
It tells you how to draw accurate support and resistance levels and how to trade support and resistance properly.
What is support and resistance?
Why do you think price has a tendency [...]
I have yet to find a robot trading system that is consistently profitable without incurring huge drawdown.
However I have found a Zulutrade forex signal provider that makes consistent profits.
After 9 months of testing 100’s of Zulutrade forex signal providers I can finally announce that I have so far found just one trader I am happy [...]