dchua1969

Don't miss the forest for the trees

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trees are like your 1H or 15 mins candles where price action tends to display volatility. So, if you are not a short term trader and relish on such whipsaw to make money, then looking at the myriad of green, red, red and green candles can freak you out or confused you what direction to take.

By pulling yourself out to a larger timeframe (forest view), you can then see clearly where the direction it is going.

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