Understand the technical
Technical trading is the theory that you can use past price movements to more accurately understand the current conditions and anticipate what might happen next. To start, simply follow the recent highs and lows and extrapolate these to find the averages.
This would work by allowing you to set expectations: if future events on the marketplace exceed these averages, you’ll be able to tell immediately that it is a good time to trade. And if they’re below average, you’ll know not to move on that particular deal.
Once you’re comfortable, collate this performance analysis and research data into more complex techniques, like Fibonacci Retracement Levels.
Understanding and being aware of these measurements is important for any successful forex trader.