Trading Higher Time Frames Drastically Increases Trading Success

Forex traders are often tempted by the lure of lower time frame charts; they think they are somehow getting closer to the “real” action in the market and that they will find more trading opportunities on these fast moving charts.

The reality of the situation is that the lower in time frame you go the less accurate any trade setup becomes, therefore, by trading lower time frame charts all you are doing is lowering the probability that any trade you take will be a winner by adding more variables to the equation of forex trading.

Anyone who has been following my articles knows that I often talk about how dangerous it is to over-complicate your trading and that the keys to forex success are having the patience to wait for the best trade setup and thoroughly understanding forex risk to reward scenarios.

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