Tag Archives: market direction

Forex chart basics- time frames-trends-forex facts

Chart TIME FRAMES: Chart timeframes range between , 1 minute 1 hour , 1 day to 1 week. Larger time frames, tend to provide more reliable price signals. This means that a trend formation on weekly or daily chart has more weight than that of a 1 hour or 4 hour. A trading pattern on an hourly chart will have …

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Channel Surfer Auto trend line

  Auto trend line Channel Surfer indicator   When we look to find a trend, we will be looking at the timeframe we are trading and the next higher timeframe, but the focus will largely be on the timeframe we are trading. A trend is a continuous move in the market either up or down. During a trend, the market will make small …

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