i think you should look at trading the trends from 4hour time frame and above. this is because the lower time frame trends are very easy to break and not really reliable and the major trends are not seen on those time frames.
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i think you should look at trading the trends from 4hour time frame and above. this is because the lower time frame trends are very easy to break and not really reliable and the major trends are not seen on those time frames.
do you think, Which trends do you think is best for us to follow? good like forum
I am newbie in forex market,have a good trading system, have a clear trading plan, have extensive knowledge in the field of economics or politics to be able to do the analysis properly. Cover the loss with confident and patience. Then you will become a good traders.
In relation of trends to time frames, the trends on the larger time frames are more tried.
Although corrections might occur on the devalue quantify play we impoverishment to also ticker for signals of movement reversals. Notably,
most inclination reversals are caused by important factors and not discipline indicators.
As we know that in every TF forming each trend.
do you think, Which trends do you think is best for us to follow?
this is very closely related to type traders.
As far as I am concerned, I think it will be a good choice for us to follow the long term trend in forex. The long trend can give us the main trend direction. But when we enter the market, I think it can be good for us to check the short term trend there.
i think naked trading is more better and profitable for you if you are earning 2 or 3 pips then you are getting small make some good planing and start naked trading and you earn 50 pips per day surely you get it just trade it with good time frame and capital management!