I'm still a beginner at Forex Trading

But I learnt a valuable lesson today.

Didn't see a trend??

Don't trade!!!

When I got back from work,

opened up my demo account,

I couldn't seem to find a trend in EUR/USD.

So, I decided to gamble.

Made a trade and went to nap

An hour later,

woke up and I was down 40pips!!!

luckily I managed to cut my loss to 30pips.

Lesson of the day:

Do not predict, use indicators and trend lines to determine trends.

Luckily,

I sold short and won back the lost pips and now I'm up by 10 pips.

Thanks to the trend =P

Check out my graph =)

I sold short after the price broke the support

and rode the trend all the way down !!!