4 Hour Trading Charts Forex
calculated risk, trading charts, eft daily news, finviz, forex trading charts, futures trading charts, how the market works, ibank The answer is, yes, i sometimes do trade the 1-hour or 4-hour charts on their own without taking into account the daily or weekly time frame. however, 90% of the time i use the 1-hour and 4-hour charts to confirm the higher time frame signal, mainly the daily chart time frame. With this strategy, the main goal is to exploit the popular saying in the trading world “the trend is your friend”. this swing trading strategy uses a combination of moving averages, support and resistance, volatility and a few other tools to maximize profits from the trends in the forex market. Professional traders tend to use the forex 4 hour chart strategy in combination with the daily chart strategy. both daily and 4 hour strategies are widely used in so called swing trading. in which the trader’s goal is to seize large changes (aka swings) in the market. Daily Chart Vs 1 Hour C...