Quote:
Originally Posted by god_synapse
Because this is a manual trading system, I find it hard to trade on the day week and month charts, rather I would use them as a guideline of where the current long term trend is.
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I would like to clarify here that daily, weekly and monthly charts have nothing to do with manual or automatic systems. Warren Buffet had bought silver at (roughly) $4/ounce and sold it after years on (roughly) $13/ounce. It was a manual trade extended over years. Such types of trades use weekly and monthly charts.
Many guys bought gold when it dipped to $500-600/ounce and now you can see its latest price.
kolachi