The Chartist - About Trish Radge
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www.thechartist.com.au Trish Radge, Business Manager at The Charitst, on how The Chartist is ultimately a lifestyle business. Trish and Nick Radge have spent 20 years building The Chartist and now enjoy watching their clients, especially those who have been with them since the beginning, succeeding in life. What does success look like? It's a balanced life; family, work, health and a bit of fun too. Join us and come along for the ride.
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Sir, MY QUESTION IS--If trader was trading forex pair to hold for average duration of 3 days what time frame should be used for TREND DIRECTION?--IS IT 4 H CHART? Traders biggest enemy is trend flipping on A dime(e.g. 1H/lower times frame trend).Trend on 4H chart may be the best trend guide for majority of forex traders.. By the time trader confirms that trend on daily chart is up, market has already gone up about 5-7 days & if you ask supercomputer for the mathematical odds, computer tells you that odds are negative right from the start.Trend based on the last 10--15,four H candles has enough big players/juice/force behind it so that it would not flip on A dime, so trader has decent chance to make something without buying overpriced asset to lose again. Your wisdom/experience please?