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Part II

Wed, Jun 14 2006, 16:00 GMT
by Dave Floyd

Aspen Trading Group


More FX research & analysis from Aspen Trading

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In last week’s article I discussed the way I determine the trend prior to entering trades in the FX market. While the article was rudimentary in terms of its approach, it drove the point home. Naturally, the drawback to that one dimensional approach is that it only dealt with determining the trend on one time frame. While this style/approach may suit some traders, I find it more efficient to look at multiple time frames as a way to potentially increase the odds of success on a trade.

This week, I will build upon the concepts from last week and begin to demonstrate how looking at one or two additional time frames can be a useful process. (...)

Published on  Wed, Jun 14 2006, 16:03 GMT


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