InstaForex

Monthly Chart is the Key to Understanding Forex Market and to Trade Effectively


The use and understanding of simple moving average crossover system and use of 10 and 20 moving average or 10 and Bollinger band is the key to trading successfully in Daily time frame.
All we need in monthly time frame is 10, 20/BMB 200 and 200 moving averages
We trade 10 and 20/BMB crossover. Because it is a long time frame. We have to understand the direction of the market and once our signal occurs, we move to Daily time frame and trade accordingly. Click here to read full report Monthly Chart is the Key to Understanding Forex market and to Trade Effectively

InstaForex
InstaForex

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