Trade Forex Trading

Learn Forex Trading

Multiple Time-Frame Analysis

Multiple time frames analysis equals using 2 chart time-frames to trade Forex currencies - a shorter one used for trading and a longer one to check the Forex trend.

 

Since it is always good to follow the trend, in Multiple Time Frame Analysis, the longer time-frame gives us the direction of the long-term trend.

 

If the long-term market direction supports the direction of the smaller chart time-frame then the probability of being profitable is greatly increased. This is because even if you make a mistake the long-term trend will eventually save you. Also if you trade with the direction of the market, then mostly you will be on the winning side, this is what this analysis is all about.

 

Remember there is a popular saying by many Forex and stock market investors that says; "The trend is your friend" - never go against the market.

 

There are four different types of Forex traders - all these use different charts to trade as explained below.

 

Examples of how each type of trader uses multiple time-frames analysis strategy:

 

Scalpers

This group holds on to their trades for only a few minutes. The scalper never holds on to a trade for more than ten minutes. With the objective of making a small amount of pips, 5 - 20 pips.

 

A Scalper using 1 minute chart wants to go long, checks 5 minute chart, which looks like the one below, since 5 min show trend is going up, then decides from this analysis its okay to buy.

Scalper trader multiple time-frame strategy

 


Day Traders

This group holds on to their trades for a few hours but not more than a day. With the objective of making quite a number of pips, 30 - 100 pips.

 

Day trader trading 15 minute chart wants to go long, checks 1 hour chart, which looks like the one below, since 1 hour shows market trend is going up, then decides from this analysis its okay to buy

Day Traders multiple time-frame strategy

 

Regulated Forex Broker

Takes 4 to 6 weeks to open an account, open early: Read The Article "Account Opening Procedure"

Choose the Best Forex Broker: Read The Article "Best Forex Broker"

Up To $6.67 Dollars Bonus for Every Lot Traded Get Up To $6.67 For Every Lot Traded

 

Swing Traders

This group holds on to their trades for a few days to a week. With the objective of making a large number of pips, 100 - 400 pips.

 

Swing trader using 1 hour chart wants to go short, checks 4 hour chart, which looks like the example below, since 4 hour shows the trend is going down, then decides from this analysis its okay to sell.

Day Traders multiple time-frame strategy

 

 

Position traders

These are the investors that hold on to their trades for weeks or months. With the objective of making a large number of pips, 300 - 1000 pips.

 

Position trader using the daily chart wants to go short, checks weekly chart, weekly looks like the one below, since weekly shows the trend is going down, then decides from this analysis its okay to sell.

Position trader multiple time-frame analysis

 

 

How To Define A Trend

Using a trading system has 3 indicators - MA Crossover System, RSI and MACD and uses simple rules to define the trend. The rules are:

 

Upward trend

Both MAs Moving Up

RSI above 50

MACD Above Centerline

 

Downward Trend

Both MAs Moving Down

RSI below 50

MACD Below Centerline

 

For More explanation about this system read: How To Generate Trading Signals With a Forex System.

Up To $6.67 Dollars Bonus for Every Lot Traded Get Up To $6.67 For Every Lot Traded

Market Outlook: Very Bullish for EURUSD, and EURJPY - Also for GBPUSD, GBPJPY, and AUDUSD (No Need For Technical Analysis - This is Risk Appetite -Risk Averse Speculation).

Do Not Be Left by This Opportunity: Open an account and start buying Euros and position yourself early - Risk appetite speculation has already started. - Others are already profiting - Read the article How to Fast Track Account Opening and Open an account now.

Strategy: Buy the retracements and use 1 Hour and M15 Charts to look for best entry and exit points - Also checkout Money Management Rules.

Poland FX Seminar Gala

XM Account Holders Attend Poland FX Seminar

Malaysia Seminar

XM Account Holders Phillipines Seminar

XM Account Holders Thailand Seminar

Malaysia Forex Seminar

Hungary Forex Seminar

Greece Forex Seminar

XM Account Holders Hungary Seminar

XM Account Holders Thailand Seminar

European Forex Broker XM is Licensed and Regulated in 12 Countries; 10 European Countries, Australia and UK

XM Forex Broker Regulation Licenses

Should you open an XM Account this is exactly how it looks like:

Forex Account Secure Clients' Area - Trader Cabinet

Up To $6.67 Dollars Bonus for Every Lot Traded

Loyalty Bonus Points - Up To $6.67 Dollars Bonus For Every Lot Traded

Bonus Points

Forex Trading Accounts Members Area - Withdraw and Deposit Options

Real Forex Trading Account Withdraw and Deposit Options

XMP Forex Loyalty Bonus Program

Silver and Gold Online Trading

CFDs Trading and Forex Trading

50% and 20% Bonus

$5,000 Forex Bonus

Bonus Points

Forex Account Types

Micro Account - To open Micro Forex account, $100 minimum balance, 1.7 pips spread on majors, Leverage 1:500

For this account you can trade Micro lots as well as Nano lots and Pico lots. Traders looking for micro Forex brokers or micro lot Forex brokers can open this account.

Mini Account - To open Mini Forex account, $1,000 minimum balance, 1.7 pips spread on majors, Leverage 1:200. Traders looking for mini Forex brokers or mini lot Forex brokers can open this account

Standard Account - To open Standard Forex account, $10,000 minimum balance, 1.7 pips spread on majors, Leverage 1:100

As a note, you can also trade mini lots on the standard account, just select 0.1 Lots instead of the full lot - 1 lot.

Executive Account - To open Executive Forex account, $100,000 minimum balance, 1.7 pips spread on majors, Leverage 1:100

As a note, you can also trade mini lots on the executive account, just select 0.1 Lots instead of the full lot - 1 lot.

XM Zero Account - This account provides spreads as low as 0.1 for traders looking for a low spread Forex broker. (For this account there is an additional commission of $10 per lot on top of the spreads). This account is suited for high frequency traders such as scalpers and EA traders looking to save on the spreads. This is the account for high frequency EA automated trading strategies and traders who look for less than 1 pip forex broker. However, note there is the additional $10 fee commission per lot.


Islamic Forex Accounts

Islamic accounts are swap free, meaning there is no paying/receiving of interest. This account is suited for traders looking for Islamic Forex brokers.

Deposit/Withdraw Funds

Clients have a secure members area on their website once they have opened an account, in this client area or cabinet you can deposit/withdraw your money at any time. By clicking my account and then clicking deposit button then fill the details, for withdraw just click my account and then the withdraw button. Withdraw Requests are also processed on the same business day and receipt of funds is issued within the same day making XM the most reliable Forex broker online.

Regulated Broker