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  1. If your forex trading is going worst, the way you don't want it to and you feel confused by the amount of market data bombing your brain every time you sit down to analyze the markets, you probably need to reconcile your trading strategy so that your primary focus is on the daily charts. If you are currently undergoing any of the following trading problems you will benefit significantly from making the daily chart your primary trading time frame: • Over-trading – Trading too much is the reason of indecision, greed, no trading plan etc. • Fear of trade – You feel unconfident to choosing trades, this results in you getting “stage fright” and not trading at all, thus missing out on some good chances. • Over-analyzing – You find yourself spending hours upon hours looking at numerous time frames and 15 different currency pairs. Eventually, you get tired and decide to enter a trade for no solid reason besides the fact that you have confused yourself to the point of weariness. • Habituate to trading – You find yourself habituate with the forex market and with your trades all the time, it’s starting to influence your work life and your family life, all the while you are still losing money. You wonder why you are losing money while pumping so much time into your trading. • Trading irregularly–You have some good weeks and then some very bad weeks that erase your good weeks. The best forex trading signal provider can help you in this regards. They will provide signals time to time to keep you on track. How to avoid of focusing on the daily charts can cause the above trading problems: • Over-trading – When you look at every time frame available to you, you are simply going to find more “signals”. This means you will trade less on the daily chart, but the trades you do take will naturally be higher-probability. So, in reality, you lose volume, but you gain the point when trading the daily charts, not a bad trade-off when you consider your hard-earned cash is at stake. There are good signals on lower time frames like the 4hr and 1hr chart, but you need to master the daily chart before you can have any chance at successfully trading the time frames below it. Summary: One of the main causes, why most traders fail to make money is because they are stuck in a circle of over-analyzing and over-trading on lower time frame charts. If you want to fast-forward your learning curve and learn to trade effectively as quickly as possible, check out the price action forex trading course here and learn more about daily chart trading with effective price action strategies.
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