what levels do you consider important for trading forex.

Discussion in 'Forex' started by jjf, May 20, 2009.

  1. jjf

    jjf

    what levels do you consider important for trading forex.
    Daily, weekly and 4 hourly have been given to me
    jjf
     
  2. Where can I find 4 hour charts? My trading platform only has 30 minutes, hourly, and then daily.
     
  3. Brandonf

    Brandonf ET Sponsor

    On the one hand that's not a very good trading platform. You should have a lot more options.

    But there is the other part of that, which is this. It's very easy to get struck with paralysis of analysis. Most traders are tempted to look at too many things.

    That all said when I trade I like to use the weekly, daily, 120 minute, 60 minute and 15 minute charts. I also sometimes look at a 1 minute chart to time entries with more accuracy too.

    Brandon