Forex education

Long-term trading is considered the most predictable trading strategy from the technical point of view. The thing is that long-term trends tend to continue and remain stable over a long period of time. The absence of noise (frequent small price fluctuations) makes the technical picture intuitive and predictable, and indicators give fewer false signals. So, this type of trading comes down to determining the appropriate signal and controlling the position in the long term.

Trading on daily and weekly charts can bring large profits provided that there is a long-term trend and the entry points have been chosen correctly. Moreover, higher stop stop levels usually result in one profitable trade. The difference between intraday and long-term trading lies in the duration of order execution, if we consider the results at the end of the year. However, with skillful trading on hourly charts, the potential profit can be much higher than in the long-term trading. For training purposes, the hourly charts are undoubtedly the best option in terms of the noise/duration ratio. H4 charts can also be useful for studying the market, but the process will significantly slow down in this case.

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