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U.S. Dollar Index

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Get short on the Euro et al versus the U.S. dollar, toots ūüėė

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Edited by dmedin

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Trading on even a one hour time frame is treacherous.

Start with a look at the day chart.  If you see a trend, only trade in that direction.

If you don't see a trend on a day chart, don't trade at all.  Even if that means not trading for weeks or months on end :(

 

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20 hours ago, dmedin said:

Trading on even a one hour time frame is treacherous.

Exactly.  The other particularly treacherous time frames are:  4 hours, monthly, 10 seconds, weekly, tick, 15 minutes, 2 hours, 1 hour, 5 minutes, 2 minutes, 1 second, 3 hours, 3 minutes, 1 minute, daily, 30 minutes and 2 minutes.

(paraphrasing Mark Twain) 

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