I trade stocks on 1 and 5 mins and im having trouble spoting good setups in forex on 1 and 5s. Im assuming i should use a high frame but the trends dont seem to add up it seems they to b very range bound in low frames.
Whats a good time frame to look for classic price action setups.
I would love to trade forex because of the hours and because i can trade via mobile phone from longer time frames using metatrader.
I really would like to trade forex because im bored after the American Stock exchange closes and i would like to be able to trade on the fly when i goto my college night classes.
Any help would be Appreciated. Steven
Whats a good time frame to look for classic price action setups.
I would love to trade forex because of the hours and because i can trade via mobile phone from longer time frames using metatrader.
I really would like to trade forex because im bored after the American Stock exchange closes and i would like to be able to trade on the fly when i goto my college night classes.
Any help would be Appreciated. Steven