An Easier Way To Trade The Markets?

Long-Term Forex Trading

"One of the main reasons why people are drawn to forex trading is because the volatility of the major currency pairs makes it possible to trade the markets on an intraday basis. Indeed many people generate some decent returns from day trading the forex markets, but in my opinion you should always focus on finding a profitable long-term trading system as well. In relation to the forex markets, long-term generally refers to trades that last anything from a few hours up to a few days, weeks or months, and in my view if you use the 4 hour charts and upwards, then you are a long-term trader. I always believe that if you only focus on short-term intraday trading methods, then you are taking undue risks and are missing out on lots of profitable trading opportunities. Of course it's possible to make money trading the 1, 5 and 15 minute charts, for example, and indeed I trade these time frames myself on occasions, but it's much easier to trade the longer time frames."