Comments on: Hi Members Is forex trading for the day or swing trade because there are few longer term trends? http://www.topdogtradingreview.com/hi-members-is-forex-trading-for-the-day-or-swing-trade-because-there-are-few-longer-term-trends.php/ Review of the top dog trading courses and systems Fri, 06 Jan 2012 03:20:16 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Paul U http://www.topdogtradingreview.com/hi-members-is-forex-trading-for-the-day-or-swing-trade-because-there-are-few-longer-term-trends.php/#comment-470 Paul U Sun, 09 May 2010 22:12:04 +0000 http://www.topdogtradingreview.com/hi-members-is-forex-trading-for-the-day-or-swing-trade-because-there-are-few-longer-term-trends.php/#comment-470 Let me give you a little advice. There is definetely long term trends in Forex. Take a look at the daily and monthly charts. It is important to know the long term trend before you enter into any short term trades. I teach my clients to use Fibonacci studies on the daily charts to identify key support and resistance levels. Although a currency pair may range for a number of days what you are really looking for is the point at which you can capture a breakout. The bulk of my client's use a Forex hedging tactic as part of a long term investment strategy. Good luck in your ventures. Let me give you a little advice. There is definetely long term trends in Forex. Take a look at the daily and monthly charts. It is important to know the long term trend before you enter into any short term trades. I teach my clients to use Fibonacci studies on the daily charts to identify key support and resistance levels.

Although a currency pair may range for a number of days what you are really looking for is the point at which you can capture a breakout.

The bulk of my client’s use a Forex hedging tactic as part of a long term investment strategy.

Good luck in your ventures.

]]> By: Leo Enoch http://www.topdogtradingreview.com/hi-members-is-forex-trading-for-the-day-or-swing-trade-because-there-are-few-longer-term-trends.php/#comment-471 Leo Enoch Sun, 09 May 2010 22:12:04 +0000 http://www.topdogtradingreview.com/hi-members-is-forex-trading-for-the-day-or-swing-trade-because-there-are-few-longer-term-trends.php/#comment-471 Can be Both, depending on how you trade. Yes you definitely can trade on the range. One of the way is to incorporate Options into your Forex Trading Can be Both, depending on how you trade.

Yes you definitely can trade on the range. One of the way is to incorporate Options into your Forex Trading

]]> By: Charlie Mike http://www.topdogtradingreview.com/hi-members-is-forex-trading-for-the-day-or-swing-trade-because-there-are-few-longer-term-trends.php/#comment-472 Charlie Mike Sun, 09 May 2010 22:12:04 +0000 http://www.topdogtradingreview.com/hi-members-is-forex-trading-for-the-day-or-swing-trade-because-there-are-few-longer-term-trends.php/#comment-472 Every time frame has a trading strategy. Position Trading just means holding the position for a longer time. You have to look at daily and weekly charts. Even monthly chart just to have a birds eye view. Just remember your stops will have to be wider than for 4 hourlies chart trading. Check out Peter Bain Strategy from Forex Mentor Every time frame has a trading strategy. Position Trading just means holding the position for a longer time. You have to look at daily and weekly charts. Even monthly chart just to have a birds eye view. Just remember your stops will have to be wider than for 4 hourlies chart trading.

Check out Peter Bain Strategy from Forex Mentor

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