This is a very difficult subject trying to understand the confluence between the higher timeframes and lower timeframes. It is important to use multiple timeframes for our analysis to help us better find confluence when planning to take a trade. This video will give you a very simple but powerful tip to help you better become a consistent and profitable trader.
#forexconfluence #analysis #keytimeframe
Trading the Forex market requires a lot of patience and discipline. But with the right strategy and understanding, the results can be amazing.
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
23 авг 2024