There happen to students asking in the instant FX Profits chat room about present-day trend for several currency couples. In return, I reply with another question, “According for the past 5 minutes, 5 hours, five days or 5 weeks?” Some traders may aware that different trends exist in numerous time frame. The question of what type of trend is due to place should not be separated from the time frame that this trend is within. Trends are, after all, used to discover the relative direction of prices in a place over different time consultations.
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