technical analysis using multiple timeframes pdf free download

At any given time, short-term scalpers and long-term fundamental traders are looking at the same currency pairs and are trying to determine how to place or adjust their trades. However, while they may be looking at the same currency pairs, they are not looking at the same chart time frames. Short-term traders are most likely looking at 1-minute to minuted currency charts, while long-term traders are most likely looking at daily to monthly charts. Trends, support and resistance lines and technical indicators look much different on a 1-minute chart than they do on a daily chart. If you switch your chart to a daily chart, however, you may see that the currency pair has been in an uptrend for years.

Posted on Monday, March 15, 2021 3:13:39 PM Posted by Alejandrina O. - 15.03.2021 Comments