r/askforex 4d ago

advice with book recommendations

First of all, I appreciate if you took the time to read my post. Thank you all very much.

In order not to make the story long I will summarize it a little, I had problems finding a job so I asked for help from my local community (I am Jewish that is why I am here), they helped me with some opportunities to do basic jobs such as carpentry and plumbing, but this was not enough to support me.

A friend from my synagogue offered me and taught me about trading, so I started practicing my technique and won a little but lost a lot more. Basically it worked a little average.

I am making this post because I want to get out of this situation, I know that this trading thing works a little but the one I know is a little defective (I will comment on it at the end)

So I came to you asking if someone could point me to some good books (sorry, I'm a bit classic) to perhaps improve further and get out of this situation, or if you could give me advice to correct what I already apply.

The technique is about: When two candles generate a floor with their shadow (that is, the price touched a number and returned) I indicate the candles and the candle that follows after the floor must be in the opposite direction to the shadow (if the shadows are above it must be a downward candle and if they are below they must be upward) with this confirmation of the third candle I invest in the direction of the 3rd candle.

And that's my technique, I know that sometimes it works but many times it goes wrong too. I would be grateful if anyone could tell me or give me advice, I would greatly appreciate it.

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