DislikedI agree, and disagree. Long term trends can work, depending on how much liquidity you have at your disposal. If you're a day trader, then 24hrs is indeed all you need to worry about. If you're a long term spot buyer with a large account you are able to utilize any time frame in order to achieve your long term objective.
My friend who works at a major firm on Wall St, uses various time frames at his desk. Of course they were swimming in a deep pool of liquidity, at least 3 weeks ago they were, lol.Ignored
The Dove - Forex Trainer