[raccoonjaz]

How do i know it is the right time for me to take position in the market? is there a procedure one should follow before entering a trade, pliz help?

The right time to take a position in the market should be that time when you see a confirmation on the setup according to your trading strategy. It should be in line with your trading rules under your trading plan.
If I may give an example on how I know I should take position;

I trade breakouts on triangles and wedges, I only take a trade/position when price gives a retest after breaking.

What do I consider for my entry confirmation:

Retest.

The retest should not break the level again to the opposite side.

Candlestick pattern formation

The confirmation candle should close in the direction of my trade.

The setup must have a minimum of 1:2 risk reward.

These are my trading rules. Take a position by following your trading rules.

[raccoonjaz]

Choosing a broker to trade with is actually very easy as long as you are ready to trade. Forex trading was made easy for every one online and it is easy to access.

As long as you type the word “forex broker” in google, everything will be made easy for you.
All you need to do is be careful with which broker you choose to trade with because not all are what they say they are. There is a lot of scamming online so bear that in mind as you try to choose a forex broker.
Do some due deligence and make sure the broker you chose to trade with is registered with one of the regulatory bodies.

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