In this 4 hour strategy we have to see mainly 3 points. In forex market there is very important to know time frame in which you have to analyse. Best time frame I recommen is 4 hour for analysis of trend and structure then for execution we have to see the 15 to 30 min preferable time frame. In this USDJPY chart we can clearly see the market trend and with help of trend line we get support. And for execution we use 15 to 30 time breakout with 4 hour levels.and last we take trade with 1:5 for new forex and 1:8,2:1 for some experience trader. This way we can manage our risk and reward.this not end the main part which we have to know is phychology which required to"HOLD YOUR WINING TRADE AND CUT YOUR LOSSING TRADE" . Thanks.
