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Forex Day Trading Time Frames


Forex traders often wonder what time frame fbs login mt4 best to use. The answer depends on your strategy and trading style. You should always conduct a thorough analysis and be sure to apply sound risk management principles on all trades. Using a simple, one-line moving average, for example, may not be as effective as a more complex indicator, such as RSI.

Another option is to use a multi-fyndfyl. It will allow you to trade in more than one currency pair at the same time. Using multiple time frames is especially useful in determining the best time to buy or sell. The [email protected] time frame is also useful for calculating your risk tolerance.

Trading on the 1-minute time frame requires discipline and an excellent knowledge of the market s structure. You have to be able to recognize the signs of a good trade. For example, a stock that breaks its previous day s high with high momentum can be a good entry point. Once this low is reached, look for the next higher low on the 1-minute chart. This trade offers low risk, but high potential.

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