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Posts Tagged ‘different time’

There are lots of forex trading techniques but none are as hot as trends. Following trends can prove to be an important strategy. But failing to identify significant turn arounds can cost you a lot. It is critical to spot those turn arounds and a method to do it is using different time frames. If you’re using one timeframe to follow a trend, always check other time frame charts for possible turnarounds.

It’s an important methodology used by many robots such as StealPips is. So it is just a smart idea to use it in your trading. Always use different timeframes when you’re checking for trends.