EURUSD Only

The swap was only 0.26

Swaplong -6
Swapshort +2

Means I can't hedge

not much actions brahs. half a pip in 3 hours LOL

the h4 20 sma is holding fort

845 should e a good target

The trend on H4 has reversed.

Why do you see it as a trend reversal instead of a retracement?

There are three time periods: macro trend or primary trend intermediate or secondary tendency third or short-term trend

Macrotrend uses us to see the history of the market over longer periods of time. It consists of 60-100 candles.

The intermediate trend is used to see the evolution and direction of the market price over a relatively short period of time. It consists of 15-60 candles..

The third or short-term trend indicates the evolution of the market price for a short period of time and is formed by up to 15 candles.

What's next?

Somebody asked me why I trade on demo only

1) money transfer for forex trading is banned in India
2) what does one do when mutual funds in india move like this

lets find a simple way to read trend

just to make life easier

this is what happens when you have plenty of free time

colour automatically changes when price is above or below a level