Trading Forex with Multiple Time Frames

 

What multiple time frame analysis is, is simply this: If you trade on 5-minute chart, you should have your eyes on 30 min. and 1hrs time chart. Or A 15minute chart, you should be checking out the 1hr and 4hr chart. ect.

If the currency pair reaches the point, where we will be profitable by the amount of pips risked, then we can close a portion of the trade.

Forex trading strategy based on analyzing multiple time frames

Forex Multi-time frame trading strategy If you are using the bottom-up approach of multiple time frame analysis, then you are on the wrong path. Better to choose the Top-down multiple time frame strategy.

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