
Hi Everybody,
This post is a reminder not to forget the longer time frames when trading FOREX.
Forex can be a very choppy and unpredictable market on the very short time frames, so very often the best trades can be found on longer time frames, like 60min, 240min and here is a great example on the 480min Chart of the GBPJPY.
As you can see, this caught the recent decline beautifully....
Thanks
Steve
This post is a reminder not to forget the longer time frames when trading FOREX.
Forex can be a very choppy and unpredictable market on the very short time frames, so very often the best trades can be found on longer time frames, like 60min, 240min and here is a great example on the 480min Chart of the GBPJPY.
As you can see, this caught the recent decline beautifully....
Thanks
Steve