BH-Eurofighter, Yes, the small time frames is usually for making some pips through scalping. Position trading(long term charts) makes more profits and it is easier since our SL is not easily hit.
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it is pretty risky to trade by merely looking at the chart, the indicators and other tools are very useful and cannot be dispenced with.
I really think learning about trading naked very risk because it does not use any one indicator. you should at least understand and use the SR and SD.
"To become a money monster ( people who get a big advantage ),
the first time you become a master of self (the person who really knows and can control himself)."
---- JP Morgan ----