This is a discussion on Multi Time Frame Analysis within the General Forex Strategies forums, part of the Forex Strategies category; Multi time frame analysis is one of the best tool to trade forex. The bigger the time frame provide more ...
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Multi time frame analysis is one of the best tool to trade forex. The bigger the time frame provide more reliable signal plus clear trend for the currency.
I am using weekly for my This method plus 1. Parallel and inverse analysis of the currency pair 2. Support and reisitance level should be a good technique for the forex trading. Below some example for parallel and inverse analysis First example: If the EUR/USD is rising and the USD/CHF is falling then the USD weakness is controlling and "driving" the movement of both pairs, the USD is weak. Second example: If the EUR/USD is rising and the USD/CHF is also rising then the USD is not controlling the movement. The EUR is strength is causing the EUR/USD to move higher and the CHF weakness is causing the USD/CHF to rise
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