More studying has been done this morning from the book Getting Started in Futures Trading. Basically, commodities run the show. All other things are pretty similar in form to trading stocks, options, and foreign currencies.
Granted, there's a new set of rules, sizes, conversions, delivery dates, etc. Still, the math is simple once practiced, and the analysis goes back to fundamental and technical tools that occupy other areas of trading and investing.
Oil, coal, silver, gold, platinum, cocoa, soy beans; all make up the commodities that are watched closely. Some are seasonal, some year round. The big take away is to see how these things affect the forex markets. "How's this info going to make me money?" is always the question.
Patience is the name of the game. More trades will be placed in the weeks to come utilizing limit and stop orders in the strategies mentioned weeks ago. I've decided to use MT5 (app on phone) along with trading view (on the PC). The latter is still new and more time needs to be dedicated to utilize the tools fully. There are a lot of pluses. The strength of technical indicators is a definite plus. There's much less math needed on the daily when one truly understands the indicators. Confirmations can be amazing. That's it for today. We're back in full swing.