Market time frames will have different success rates in different market conditions.There is no point ignoring the facts here, the daily chart will always be the most lucrative if you know how to trade them, but the 4 hour chart has is “moments” of extreme profitability, and that is currently what we are seeing. When you see more winners than losers over ‘xyz” sample of data, its a pretty good indication that the time frame and setup are currently in what I call a “hot streak”. You see, markets can’t continue to do the one thing forever, they change, and adapt to world economic and monetary policy, and I believe now, given the huge amount of stress coming out of the Eurozone, the EURUSD intraday movements are here to stay for an extended period of time. Now I am no expert on fundamentals, but they do have an important role on the overall internals of the markets longs term behaviour,
I am Emran khan Rony.i am Forex trader. I have 6 years trading experience.I am trying some Forex strategy for beginners.Forex Tutorial and Free Signals for Beginners and trader.
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Friday, April 25, 2014
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