it is most common mistake of novice trader.And on the first trade must be lost.Probably here ,i would like to share.just a little common advice .But so far i get profit using this metode.
1.Dont and never think that trading forex is the fast way to get money.
2.Dont use and never trade more than 10% of your money.
3.Always remember that leverage is your enemy if you use it same atomatic machine gun.I mean,you use to much.why it be,Because you will be die fast if use it wrong.Remember also that forex will be alive for long time.Dont think that forex will be desappear tommorow.
4.Try use it,setting your meta4 chart at H-1 and set moving average Simple period 6 shift 2.Take open position SELL or BUY when candle is going at this area(you can see at my attachment)
5.put additional Simple moving average period 100 shift 2.This is for your guide that the trend running.I mean if the price is below it that mean still bearish trend and the others hand.
6.Dont lazy to change position if price reversal
7.Make default SL 30
8.Hold and believe to your strategy.
9.before trade,see first what news will be coming.This is just for your reference for knowing the amount of movement pip.