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using large time frame, we can minimize the riiisk, by being able to analyze trends with valid, and make entry by monitoring the small time frame.exactly, that is why i choose longer time frames for analysis. large time frames suit for my time and attitude. i heard most of the professionals trade with high time frames.
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i usually trade using a scalping style so i use 15m and 5m but for sometime i use H1 or H4 for checking trend.because 15m and 5m is too short when u put ur open position for some more times..
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you can achieve a good profit as the value of the dollar actually rose in such a situation. when the market shows that the risk of the situation then you have but the dollar. as you can see in the market risk out of the situation then you can sell dollars
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its all depends as a result of each skilled trader have his own individual time frame... i personally make use of the 15mins, 1hrs, 4hrs, daliy and monthly time frame to firmly trade FOREX ..........................
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which trend is best for forex .first we decided that you invest in forex long way or short then you have to decide its stragety .how and howmuch amount is to be invest in forex than you decide it trend in forex .forex is risky business .so trade with in forex with care
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It depends on individual trading style. I trade basically day basis and I follow 1H and day time frame. Somebody trade based on 15min and 1hour, I think it is so much risky for long time trade. Some scalper use 1min and 5 min time frame and easily blow their account.
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Now i'm choose to buy and sell inside trending the two bullish and also bearish. My goal is to stay away from buying and selling inside sideways industry due to the fact I do believe incentive is actually reduced to me. Buying and selling inside trending usually provide us with far better generating
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I actually dislike scalping therefore i may stick to the quick pattern that will continue to be cheaper than weekly in the event the pattern keep on exceeding a couple weeks I actually contemplate it an excellent pattern and use it as being a major pattern and then take deals around the short period
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Yup, I think we should continue to follow these trends in Forex. Do not have to fight the existing trends in the Forex is because we could suffer losses in trading on Forex. That's my opinion. Thank you.
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I like scalping we san got 2-3 in a short time but we hard to confirm the trend in h4 so that we do not fight the trend.