Using Daily Charts For Clues To Intraday Trades - Alan Oliver
Friday, September 29th, 2006Hello everyone,
In this weeks review we look at USDCHF daily chart.
Many traders I know who trade in Forex appear to be relatively short term traders.? They buy and hold for a target of pips, some 10, 20 or perhaps a little more, but a lot do hold for reasonably short time frames. It then seems strange to many that when suggesting they review a longer term chart it seems contrary to their ultimate goal. (more…)