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Can a single strategy be successfully applied to both a daily and hourly chart? While many of the principles that we practice in our trading are consistent regardless of our time frame, there are certain aspects that require a particular approach to develop a successful strategy. In today's Forex Strategy video, we use GBPUSD and AUDJPY to illustrate the different use of fundamentals, technicals and positioning depending on the time frame we trade on.
New to Forex? Watch this Forex introduction video.
Find the same event risk discussed in today's video using the DailyFX Economic Calendar.