Going with the trend
Hi
I am relatively new to Forex and after a bit of advise i opened a practise account with Oanda.com.
I have spent a bit of time gleaning info from various sources and an overriding tip is the statement "dont go against the trend" or "the trend is your friend".
the problem i see is the trend changes depending on what timescale you look at on the charts on a 15 minute chart it might be a downward spiral but if you switch to an hourly it is on an upwards direction.
Discuss.......
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