Forex trend trading in multi frame

Posted: Asenka Date: 27.05.2017

How To Do Multi Timeframe Trading In 3 Simple Steps

Multiple time frame analysis is simply the process of looking at the same pair and the same price, but on different time frames. Remember, a pair exists on several time frames — the daily , the hourly , the minute , heck, even the 1-minute!

This means that different forex traders can have their different opinions on how a pair is trading and both can be completely correct. And they could both be correct!

As you can see, this poses a problem. Trades sometimes get confused when they look at the 4-hour, see that a sell signal, then they hop on the 1-hour and see price slowly moving up. Luckily for you, we here at BabyPips.

forex trend trading in multi frame

Each forex trader should trade a specific time frame that fits his or her own personality more on this later. What you think of yourself is much more important than what others think of you. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders.

Multiple Time Frame Analysis Thorough, Powerful - Forexearlywarning

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