Guest post from www.visionsofaffluence.com So many forex traders focus exclusively on short term fluctuations of the market and spend their time watching charts in an attempt to profit. They trade like this because they believe that it’s the best way to profit in the forex market. But that couldn’t be further from the truth. These traders are missing out on the power of the higher time frames in the forex market. The currencies of the world move in trends over the higher timeframes the same as they do over the smaller ones and if you open a trade in the right direction then you can set your self up for great returns without the stress and time commitment of the smaller timeframes. By higher timeframes I mean the daily charts and higher. Now I know you’re probably thinking to yourself “but those high timeframes have less trading opportunities” and while that is true, it’s not necessarily a bad thing. You see while the higher time frames give of fewer trades. The signals that they do give are more reliable so you are less likely to end up in a bad trade because of a false signal. Also the moves are larger which means that you will make more pips on the trades you do take. The real benefit of trading the higher timeframes though is that they don’t require the constant attention that the smaller timeframes demand. With the smaller timeframes you have to be at your computer for the duration of the trading session constantly waiting for a trade to present itself and then once you get into a trade you have to monitor it. With the higher timeframes you only have to check your charts at most once a day. If there is a trade then you take it and go ahead with the rest of your day and if there isn’t then you still go ahead with the rest of your day. There is no need to constantly monitor your charts. So, if you want to take the stress and time commitment out of your trading then I suggest you trade the higher timeframes. Try it you’ll be surprised by the difference it makes. If you want to discover what it takes to be able to trade for a living? Then visit visionsofaffluence.com Ready to connect with real Forex traders? Currensee is the first Forex trading social network. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Guest PostOpinions share Read Next OpenBook – A new social platform for eToro traders Yohay Elam 12 years Guest post from www.visionsofaffluence.com So many forex traders focus exclusively on short term fluctuations of the market and spend their time watching charts in an attempt to profit. They trade like this because they believe that it's the best way to profit in the forex market. But that couldn't be further from the truth. These traders are missing out on the power of the higher time frames in the forex market. The currencies of the world move in trends over the higher timeframes the same as they do over the smaller ones and if you open a trade in the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.