Fundamentals have a significant impact
Long time frame should be four times greater than medium frame. It is usually the best frame to work and create rough frequencies because by looking at this time frame foremost trend is recognized but positions should not be implemented on wide angled chart, but the trades that are taken should be in the same direction as this frequency's tendency is heading. Fundamentals have a significant impact on direction when the long frame has daily, weekly or monthly gaps. So a trader should observe the major financial trends when following the general trend on this time frame. Detail………
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