Wednesday 3 March 2010

Longer time frames


Hi Everybody,

I have said this a number of times before, but it is worth re-stating. Forex works best on the longer time frames, for example 1hr and 4hr charts....

Here is a great example on a 4hr Chart of the USDCAD, where the recent TS4 sell has just reached the initial profit target. As the STF is strong, it is time to swap to the ATRStop....

Thanks, Steve