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FOREX TRADING - 2nd Nov EURGBP

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Uploaded by on Nov 2, 2007

Watch me day trading forex live with my 3SMA forex trading system! Visit my website at http://www.hectortrader.com/

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Uploader Comments (Yaguex)

  • Hello there and thanks for the comment.

    In my opinion the 4H chart is actually range-bound, no clear trend that I can see. Besides, the last uptrend on the 4H chart is breached.

    But, as a general rule of the thumb, if two time frame show conflicting directions the longer time frame rules.

    HECTOR

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  • Hector, EUR/GBP on 1hr has downtrend but if you see 4hr chart, it's uptrend! how to you make judgment which way to go? confused, but i am sure a lot viewers would be asking same question... like to hear your view.

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