since i am swing trader,mostly i will use 1h or 4h charts.
sometimes i will use smaller or bigger time frames than this.
it all depends upon the style of trading and the need of the hour.so almost all charts are useful in its own way.
Printable View
since i am swing trader,mostly i will use 1h or 4h charts.
sometimes i will use smaller or bigger time frames than this.
it all depends upon the style of trading and the need of the hour.so almost all charts are useful in its own way.
I like M15 and M30 charts because i don't keep my trades open for long and also my teke profit is small like 5-10 pips so these tf are better for my scalping style strategies.
I use that charts just to be on safe side because on small tf trend changes are rapid so one opposite candle can bring loss in place of profit and also the signal on big tf is stronger than on small tf. Thats what i think. everyone has his own logic so may be most people won't agree with me:accute:
I think the most useful chart is the chart H4 TF, because TF has become my default.
but I also use other TF, so I think all the chart handy.