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Thread: Which chart is more useful to trade?

  1. #16
    Banned denira has a spectacular aura about denira has a spectacular aura about denira's Avatar
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    Quote Originally Posted by blackprince4u View Post
    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
    I agree with your friend that when we entered the small TF at least not opposed to a bigger let alone the basis of our analysis is to use the candlestick to enter the market

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by zoomfire View Post
    Yes but for 5-10pips,even 30m chart is too high.
    for scalping 5m and 15m chart is the most convenient one.maybe you can just see the patterns in 30m but you should see quickly and decide as scalping should be done in minutes.
    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

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by blackprince4u View Post
    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.
    Yes but for 5-10pips,even 30m chart is too high.
    for scalping 5m and 15m chart is the most convenient one.maybe you can just see the patterns in 30m but you should see quickly and decide as scalping should be done in minutes.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #13
    Banned pivot-trader will become famous soon enough pivot-trader will become famous soon enough pivot-trader's Avatar
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    Quote Originally Posted by blackprince4u View Post
    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.
    yups, take small pips but repeat it again. this is the power of scalping strategy. i like u too, use scalping strategy.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    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.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #11
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    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.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned denira has a spectacular aura about denira has a spectacular aura about denira's Avatar
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    Quote Originally Posted by s19 View Post
    yes i agree with you daily time frame is good for see the trend but in my view you can not get clear open position in h1 chart...for good open position use h4 chart.
    if for daily trading timeframe H 4 I think it's pretty good fatherly analysis and to obtain the chance of getting pips but still remember it do not get too greedy

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by pivot-trader View Post
    in my opinion, big time frame like Daily is good to see the trend. and small time frame like H1 is good to open posisition.
    yes i agree with you daily time frame is good for see the trend but in my view you can not get clear open position in h1 chart...for good open position use h4 chart.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    in my opinion, big time frame like Daily is good to see the trend. and small time frame like H1 is good to open posisition.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by andry777 View Post
    Which chart is more important will depend on our style in trading and method that we used. If we used short-term trading and we used scalping so the most useful chart are 5M, 15M and 30M Time Frame but if we used swing trading so it's better to use 1H, 4H and 1D Time Frame.
    hey friend i think h4 and day chart trade ko samjh ne ke liye accha hoga. or ha long trade pe ye kaam aate he. aur ha 15m chart useful he bahut. par aapke pas bahut money ho to 15 m chart aap sayad jyada use nehi karoge.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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