Forex Strategies An incite to multiple time frame analysis

[Phabbyfundz]

The market can be analyzed in several time frames: minutes,hours,days even months. It may often seem that this indicators are contradictory but they aren't!.
Charts help you to understand the overall direction a currency pair is going. The data point shows either downward or upward trends.
An upward trends indicates that the price of a currency is increasing. You know this is happening when both the peaks and the troughs is higher than the ones before it, creating a formal trend. By valuating charts and trends you can forecast uptrends and trade appropriately to realize a profit.
A downward trend in currency occurs when the value decreases and becomes a formal downward trend when each data point is lower than the last. Downward trends can last for any length of time ranging between minutes and years.

 

[otunbasegit]

I will like to learn this method of analysis.

 

[Setho]

It is very important that you should be able to read your chat based on multiple time frames or at least one high time frame and one low time frame. This is because you can always detect strong trend reversal on high time frames far better then it will manifest on low time frame.