It would be more secure if traders always follow the trend when trading. But you should not be late for the open position or wait until the price movement in the show is really sure. To know the trend is quite doable by reading candlestick charts.
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It would be more secure if traders always follow the trend when trading. But you should not be late for the open position or wait until the price movement in the show is really sure. To know the trend is quite doable by reading candlestick charts.
A channel breakout suggests a target for the currency price equal to the width of the channel. Long term charts provide important information regarding long-terms or cycles. The trader can get a correct perspective regarding the real direction of the market in the long run
The first move of RSI into the overbought or oversold region is usually just a warning. The signal to pay close attention to is the second move by the oscillator into the danger zone. If the second move fails to confirm the price move into new highs or new lows, a possible divergence exists.
I think the best strategy is to follow the trend that has been formed. to know that we have to confirm the trend in h4. The next good thing is my experience using the M30 - H1 to trade as a day trader. because I included a short term trader.
In some roles, it's important to stay on top of industry news and trends. ... If we don't keep up with news and trends, we can miss key opportunities and can be ... That's why, for some of us, it's important to keep-in-touch with news and trends in our industries. ... Finally, it will alert you to changes that you need to think about.
for me the best trends are M15 and M30,,, but it's back to you, because every trader has his own style in the trade,,,
if we want to analyze the market by using either TF TF H1 and H4 so that the result is optimal,
with our own analysis then we automatically learn how to get the results that much without any loss in our account
I think forex is a good job. i agree even though a trader may be a scalper, a thorough analysis of bigger time frames is quite good to make a right order. i use to trade on m5 but i constantly check m15 h1 h4 and daily chart.Have a nice day bro............................................... ....
I think the strategy is uncommon from all other traders
And I'm guaranteed your day after day commercial
And it can not be equated with the commercial who like scalping
But we had to confirm the trend in h4 so with the intention of we sort out not fight the trend