To be successful in forex trading, you’v got to have a strategy/plan in place which you must follow. Creating or finding a forex trading strategy is very important as this addresses the following:

Reason for taking the trade: why buy or sell? And what currency pair?
timing of the trade: why buy now? should you buy or sell after economic news release? Asian session, london session? New York session?
Trading objective: what’s the profit target? What’s your stop loss?
Money management? How much are you risking per trade? Per day?
Documenting and analyzing your trading results? This identifies your strengths are well as weaknesses.