What I find Tough So Far and that I need to Overcome

 Below are some points I find which is hindering or slowing me down.

1) The lower time frame trend analysis.

The higher time frame from Monthly to Weekly does not move as drastic as the 5D and 18D. Determining the trend of the 5D and 18D can be confusing.

2) Draw the Fibo Levels.

I get confused as to which Low to which High or vice versa to draw from.

These days I try to draw from the 18 Line and project it forward.

For other 18 Line high or low points, I tend to ignore it because those are probably already factored into the higher time frames.

3) The Stats.

Overbought or Oversold Stats stare right back at me but yet I am still tempted to take a trade whenever a set up occurs like a 5D breakout. I need to learn to either control my emotions or manage the trade if I really want to take it.

Overbought Stats or Oversold Stats on the 5D but not in sync with the 18Ds. These are confusing for me because if 18D is overbought or oversold should I still continue to take the 5D trade if stats are found to be OK?

4) The overall analysis

I find myself over analyzing and I take 1hr to update 2 - 3 pairs of stats. Good thing I notice that Jody's software stats does not change that much since it is based on a formulated swing. So if the swing is intact, it does not seem to change the stats. Also, the stats are based on larger amount of data over time, so minor changes should not affect it.

I need to a quick way to scan the pairs. I have not even start to look at crosses, indices or gold/silver.

5) Position Size

Despite using a Position Size calculator, I am somehow struggling with using it efficiently and quickly and more importantly, I am not 100% sure if it is accurate yet.

These 5 points I need to improve on.