yes for 20-30pips 1h charts are good,but even 15mins chart also give good signals.it depends upon market volatility.some times in 1h only 20pips movement will be there but some times 100pips will also be there.
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Follow the trend will give more profits to traders. I also practice this trading strategy using EMA50 in M15, H1 and H4 time frame. Analyze in this timeframe will give me the overall trend in market movement.
So many different strategies that can be used to trade in the Forex market. There are few quite complicated while others are relatively simple.
Trend following has become a very popular trading strategy because of its convenience of easy to learn and implement. It involves identifying a trend just as it first breaks out and then you have to follow that trend.
follow trend is very important, many newbie's think of making this as a main business because they think it is profitable and they can do this. Guys it is not very easy and don't even take it, yes it is profitable but for that you must have experience and knowledge which you don't posses it when you enter. Don't think of making this as a main business until you get a sufficient experience. It is very attractive but does it as a part time and keep learning and with that do other jobs also.
Yes, making profit is simple and also want to maintain the risk factor to keep that.
According to this thread.
I think the trend is depending on the market movement. I follow the trend and place a position according to trend. I don't think that i want to follow the buy/sell trend. I go with trend.