Is it ok or not ? It really depends on your own trading time span. There are down trend and uptrend in different short time frames.
I trade the 3 minute Ichimoku chart, and at the same time watching the 5 minutes and 15 minutes Ichimoku charts to give me a slightly longer term views. As you can see, what is a "long" period can be a "short" period to others.
Just my thoughts, not an advice.
AUD
unknown
well i have just taken a position again...., page-18
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