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Using multiple time frame analyses along with RSI divergence can provide forex traders with a comprehensive view of currency market trends and significantly strengthen the accuracy of their ...
Let your risk tolerance, personality and the charts dictate with best trading time frames for you.
Thanks to the help of a trusted trading mentor, I eventually discovered the problem; hyperfocusing primarily on the daily time frame.
When people talk about a time frame in day trading, it's all about the time-based chart interval. All major trading platforms offer time frames like the daily, weekly, monthly, or even yearly charts.
The secret to making profits by using RSI indicators is to figure out how to use RSI for day trading by setting a correct timeframe that corresponds to one’s trading strategy.
Day traders use it to gain profits during intraday but some find it hard to read due to its infrequent trading signals. It’s well-known that most intraday traders utilize RSI for getting optimal ...
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