4hr Forex Pairs to Trade

EasyCashbackfx2022-11-01 15:48:28

The best 4hr Forex pairs to trade depend on your trading style, psychology, and trading system. In a trending market, one type of 4hr Forex pair may not work for you, and vice versa. High volatility pairs require different trading strategies, and the best 4hr forex pairs will fit your personality and preferences. For example, a 5min candle might show very little order flow, or a small amount of profit taking, and this can create a negative feedback loop. For this reason, a good entry point is two to three candlesticks ahead of the desired entry point.

Another useful tool when trading 4hr Forex pairs is the moving averages. These lagging indicators, such as moving averages, can be used to predict when to buy or sell. They are also a good way to determine a perfect entry point - typically two to seven candlesticks before the price chart - and you can always exit if you don't make any money. To trade using moving averages, you should follow the trend of the moving averages.

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