1 hour charts

1. Tunnel

Why 1 hour charts?

Smaller charting periods lead to more false positives, which means more losses. By the time you get to five-minute chart, the bank's your number and your account is going to go with them. Longer term charts, as well as daily and weekly produce a lot of slippage in the market price for the final parts of the position. In the fall of 2004, when GBP / USD went handles 20 to 1.95, the daily Ema were 5 to 7 handles behind. For me, this is how to give back to the long position, especially when your first profits came in 55, and 89th

2 hours and 4 hours charts are roughly analogous, but I 1 hour chart for its simplicity, and it is sometimes difficult to see how the market trades in a 4-hour period.