Which chart is more useful to trade?

[kayla]

I think if we trading with long time base then surely better to choose 4h and day time frame but if we only trade with scalping process then all time i choose 30min and 1hr char also 4h too so you can also cheek same strategy that i used.

[TheCoo]

Since the first day of trading, i only used the candlestick chart because of its many advantages as well as mostly of the traders are using it too. well i learnt it from an online seminar in which candle gives you a clear look about the market and helps more in scalping.

---------- Post added at 02:48 AM ---------- Previous post was at 12:11 AM ----------

Well i think that chart H4 for is good as it gives you a clear inforamtion about the supports and resistance also in trends to which give us a good idea on how the market will behave also M15 and M5 are profitable for scalpers as i see in many posts.

[satellitel640]

chart you use of course depends on your trading style, for example you are a scalper then use the chart with a small time frame to enter the market, while for those of you a day trader then you will need a chart with a time frame that rely more likely to enter the market

[yogesh]

I feel all charts form 1M to 4H are very useful as we may need to check them to find out the short and major resistance and support levels - for that i just keep on changing the peirodicity and i get good idea for where the market may go.

[hmbelal]

I love to trade with hour 1 chart but if i trade a very shor trade then i usually use 15 min chart this two types of chart help me to trade usually i dont use hour 4

[Money hunter]

i am still a tight schedule till the first week of July. After that i will start looking at the charts more and posting my traders.

[mokas]

i think that chart or frame depends your strategy or your indicator if you trade for example scalping startegy you can use 4min and if you are a swing trader you can use 15min or 30min but if you are a trader of long term you can use 4h or daily

[kalponick]

At first I used only Line Chart.. because its easy to draw fibonacci and trend line on that chart.. but soon I realized that I need to convert to candlestick chart fully.. Because most of the traders also use this chart not only for trading but also for drawing fibonacci and trendline.. And I clearly saw that candlestick drawing even works better than the line chart..

[dodol]

actually i have no chart to see you. because i am a new in here. so next time i get my chert in here.

[dewik79]

hello I want to know from all of our indian friend that which chart is more useful?
I love to trade with h1 chart. but if i trade a very short trade then i usually use 15min chart. this two types of chart help me to trade. usually I dont use h4 or day time frame.
what is your opinion? aap yaha aapna sujhao de.

I use H1 and H4 time frame in pairs EUR / USD. I think the H1 and H4 is more appropriate to determine the direction of the daily trend. I've never been trading using TF5M or 15M, because I have not found a strategy for short-term trading.