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frame ranging from 1 minute, all the way up to one month. A stop-loss should be placed above short-term resistance. BrokerHourDiffGMT Integer Variable: Your brokers time difference in GMT. Pros: The chance to look at longer term trends and make larger amounts of pips.

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For example, if your bitcoin mining extension brokers server time starts a day at GMT 2, you set this variable. But realize that just because you concentrate on one particular time, doesnt mean the others wont be of great benefit to you. Take the time to observe and understand how they all work together, so you can be as successful a trader as you aim. Your entry and exits may not be as precise. Moves happen so fast it can be easy to get stopped out by spikes and small reversals.

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