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for long-term trader i agree if we use h4, d1 or w1...Do not everr use m5 and m15 for trading
I think you should always use h4 chart as it is the most trustworthy chart for techncial study
I used to follow h4 chart and then cross check with day1 chart then i used to place my deal.realy good job.
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There is never a specific trend that a forex currency trader must follow as they are trading the forex markets at any time. We just work hard to make good analysis and thus make profits from trading in it.
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I can say that following the trend will gives more profits to the traders. I also practices this trading strategy using the EMA50 in the M15,the H1 and the H4 times frames. Analyze in this timeframes will give me the overall trend in the market movements !!
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All trends in forex trading which are valid can be followed by any forex trader. I know this and i choose to work on it in my trading of forex markets. trends are true tools to follow and increase your possibility of profits.
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I prefer scalping. We can get 2-3 pips within a short time. I usually use M1, M5 and M15 to follow the trend. I use M1 to enter in the market.
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i dont know the best trend strategy you should to use but i think as i am daytrader then i just entering market one time in every pair in a day ,and i think its more useful because i dont need to spend more my money to pay spread
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Trading main trend follow soch samajh ker kerna chaheay.Wrong trend follow kernay say loss hota hay.Trend wohi follow kerain jo market main profit taking ki waja ban raha hoo.
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I believe that a forex currency trader should be following any kinds of trends that exists in the forex trading business. The main thing is that a forex trader is using the right analysis in their trading
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no there will be great deal of false signals that arise in tiny time frames. thus we cant get additional correct signals in smaller tf.
therefore the bigger the timeframe the additional the accuracy of signals and direction of trend too.
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The Daily trend in my opinion is the best tom follow because its signals are very reliable and also less noisy unlike the lower time frames.