17 November 2009

Why should I trade in different periods of time?

Why not conduct trading on the Forex market at any given profitable segment? Why to choose periods of time?

Many novices start to trading on the Forex in any one chosen by them, the time interval. They develop their approach and begin to practice their skills. Sooner or later, traders are becoming an understandable that, despite all efforts, the results of their work can only be estimated as arbitrary, random: at one time, their strategy is working well, whereas in the other, when seemingly the same conditions, they are losing ... What happens?

One possible answer may lie in the limited research, ie if was investigated only one time period, and the trader does not know what is happening on the other, higher levels.

The greater the amount of time, the more important it is. Eg., The length of time of 5 minutes is more important than 1 minute. 1 o'clock is more important than 5 minutes. Day is more important than an hour. A week is more important than the day, etc.

The key for successful analysis of charts and diagrams in the online Forex market is in the habit of studying longer time intervals than those in which you are accustomed to trade. 2 more long segment just fit.More than two segments can overwhelm the trader's information.



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