I've been thinking about this for a couple of days...
With the volatility in the UK economy as a result of Brexit, isn't it a bit pointless using the longer time-frames for GBP pairs? By this, I mean the weekly and monthly charts. Surely what's happened before has little relevance now?
Many of my orders are stopping out at B/E and was considering looking at either trades on the 1HR, or 4HR.
What do you think?
With the volatility in the UK economy as a result of Brexit, isn't it a bit pointless using the longer time-frames for GBP pairs? By this, I mean the weekly and monthly charts. Surely what's happened before has little relevance now?
Many of my orders are stopping out at B/E and was considering looking at either trades on the 1HR, or 4HR.
What do you think?