There are usually students asking in the instant FX Profits chat room about current trend for several currency pairs. In return, I reply with another question, “According for the past 5 minutes, 5 hours, 5 days or 5 weeks?” Some traders may aware that different trends exist many time support frames. The question of what regarding trend is due to place can not separated when frame if you have a trend was in. Trends are, after all, used to determine the relative direction of prices in market over different time cycles.
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