Let's start out with what I think I understand and go from there. I know you should never go against the tend. But how do you figure what the trend is. Example of my confussion.
The GBP/USD shows on the 1 Month 5 year a downtrend in my view.
The Weekly 3 year show down also in my opinion.
The daily 3 Year shows an uptrend in my opinion
and so does the hourly and 30 mins (time here is 15:34 MST)
So what do I go by to detemine the overall trend to help me base my decission whether to go long or short? I so confussed
Thanks
Fdisk
The GBP/USD shows on the 1 Month 5 year a downtrend in my view.
The Weekly 3 year show down also in my opinion.
The daily 3 Year shows an uptrend in my opinion
and so does the hourly and 30 mins (time here is 15:34 MST)
So what do I go by to detemine the overall trend to help me base my decission whether to go long or short? I so confussed
Thanks
Fdisk
Fdisk
Please I just want a few pips.
Is that too much to ask?