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Most people who start trading forex automatically rule out the idea of trading the daily price graphs. This is because they prefer the quickly pace of the short term stock chart such as the 1 minute and 5 minute charts, and prefer to try and make effective profits instead. However the reality is that you can make a lot of money currency trading this particular time frame. If you end up looking at the fast paced 1 minute or 5 minute chart, the price flies in the place, seemingly at random. On the daily chart, however, it may possibly look as if it's hardly ever moving most of the time, which is why you only really need to check this chart at the end of each trading session, in the…
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