Well, believe forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.
A general rule is that the longer the time frame, the more reliable the signals being given.
As you drill down in time frames, the charts become more polluted with false moves and noise.
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