I shall revert back to 1 hour candlesticks using the below logic, as I am not having enough trades. Looking at back data, if I am to trade using the below rules in 8 hour candles, I will only have around 5 trades in 1 month! So from now, I will use back 1 hour candles and see how it goes.
For a longer term goal, I just want to have a very simple direction, in case I get lost in what I am doing. That is 'Grow your money!'. Money has not increased ever since I started Forex trading. Even if my Forex fund doesn't balloon to 10k in 1 year, it is still encouraging to see it growing slowly month by month.
I need a sum of money first to pay off my property investment in the Philippines. So if I am able to obtain some money from Forex, it will ease away the burden of having to save up monthly to pay for the property.
And after that, I will think about being financial free!
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