I completely agree! It is very vital to know your constraints, limitations, strengh, weekness etc before choosing the trading as your carreer.

See ya

First of all, you need to make sure your trading system fits your trading personality; otherwise you will find it hard to follow it. Every trader has different needs and goals, thus there is no system that perfectly fits all traders. You need to make your own research on various trading styles and technical indicators until you find a concept that perfectly works for you. Make sure you know the nature of whatever technical indicator used. Trading in the Forex or currency market has became extremely popular in the last few years or so. But how many traders are achieving consistent profitable results trading in the Forex market? Regrettably they are in the minority, in actual fact as little as 5% of traders are achieving regular profitable returns.

Most of all the Forex trading systems that are being currently used today are constructed of technical indicators.

Currency forecasting is not an easy task, which is why many traders should not forget to gain knowledge of the trade first before they decide on making a trade. An intensive forex trading course can help in the learning of all the in and outs of trading. The pros can supply you with the needed educational knowledge before entering the real world of forex.

Yes Pallavi you are right "Each currency pair has its own individual "personality".
But I also believe that you should never try to pick absolute tops and bottoms. I know of traders that have an addiction with this. They always look to pick the absolute bottom or top and ride the market on the reversal. They succeed one or twice but eventually suffer a big hit. If you can't help it and you want to try and look for those huge turning points in the market at least use some sort of confirmation. Don't just guess "this is the top" or "this is the bottom".