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Forex question what basic strategies really work and which timeframe
avatar Reyniel
Question by: Reyniel - 28 Sep 2015, 23:39:41
what basic strategies really work and which timeframe
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Answers (1)
avatar user 7621
Answer by: Lexie - 02 Oct 2015, 00:57:15

what could be some basic pattern(s) that one could start out with, that really work, and for which timeframe? i was thinking of a trendline bounce (for uptrends and downtrends, at least 3 touches), on the 4h and 1h timeframes. i looked at the charts, and if i pick the setups which are aligned to their next higher timeframe, seems like i can pull it off enough to profit from. my impression from other threads is that lower timeframes (15m and less) are more difficult to profit from, so i'll probably avoid that for some time.

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