View Full Version : Which chart is more useful to trade?
Scalpers should use the 15m or 5m chart for better analysis and we shuldnt use 30m chart for scalping..and generally its depended on the our trading style...and knowledge...which to use?
generally I ..use 15m,5m chart for the analysis ..because i am quite beginner so i use scalping strategy ..so i usually trade on this time frame only...
yes,m15 gives information about trends which form fast and dissolve fast.for long trends we should use big time frames which give more clear information.So every chart will be useful to traders on their type of trading
thats a good strategy of combining 4h with stoc .It gives a more accurate signal than compared to 1h or 30m chart .And 4h chart can be some times used for swing trading too.So usage of chart is determined by type of trading.all charts are equally important.
even the type of trading is not important.The ultimate thing is that who has made the biggest profit.There is no chart which will be more useful and less useful.Each chart and style of trading is unique.If combined correctly,it will get us good profits.So it depends upon how we choose and workout.
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.
shinde
2011-12-31, 01:02 PM
yes everything depends upon our trading style.and 1hr and 4hr as used for determining the trend.
first i was using 1h chart but now i am planning to change my strategy and i am using 15m chart.
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.
shinde
2011-12-31, 03:08 PM
There are various streategies you can use while trading if you want to trade for a long term, then it is better to use H4 chart. It gives you lot of information for a long term trend. If you want to trade on a daily basis then M15 chart is very useful. Plot fibronacci retracement on your chart to know trend changes.
aadrika
2011-12-31, 04:10 PM
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.
Swing traders rely more on D1 charts and 4hr charts. It is the day traders who rely on 1hr charts. All charts are very useful in trading depending on your trading style and personality. Positions traders actually rely on Weekly charts and also monthly charts to enable them take decisions on how long to allow their trade last.
adahidayat
2011-12-31, 04:18 PM
i think that that different traders use different charts and it depends on their style of trading....as a scalper, i think that 1M, 15M charts or more useful....while for intraday traders, it is more useful to use charts of 1H, 4H, 1D,....because they will hold positions for a long time and try to make a profit....so it depends on forex trader style to use different charts...
dweet
2011-12-31, 04:55 PM
Each time frame can be traded successfully and yield opportunities for profitable trading. Shorter time frame requires constant monitoring whereas longer time frame requires less monitoring. The smaller the time frame the smaller the profit goals set by traders for each trade. Which time frame is suitable for us depends on our trading styles.
muhammadatif
2011-12-31, 05:36 PM
My dear friends I am a scalping and day trader so I use M5, M15 and M30 charts only because I am a part time trader I dont have a long time for trade I believe on short term trades.
shinde
2012-01-15, 04:35 PM
I use the candlestick chart the most. I just feel comfortable trading on this one. Though I also switch to line chart as well but my most priority goes to candlestick.
The best thing for any scalper is that he should be able to identify the entry and the exit levels. So for doing this he would need the MACD indicator on the M5 charts and then only he would be able to make profitable trades in the markets.
All the charts that are existing in forex exchange trading are useful to the forex traders. It is now the trader that will choose which chart to use when it comes to the strategy that they plan to trade with.
mohit
2012-01-20, 10:58 PM
i think all the charts are useful for the traders , but which chart to use depends on the type of the traders .
suppose scalper will use 5 min and 15 min chart , day trader will use 1 h chart and the long term trader will use 4 h or the daily chart
ermaniso2011
2012-01-21, 12:38 PM
the trends with big time frames are always better and has less risk.but scalping with short time frames is also a good option but it requires hard work and a good discipline.over all we can say that when ever you are looking your charts you can see the picture more clear when it is daily or weekly chart even 1 hour and 4 hour charts still good for day traders.
criztaliz
2012-01-21, 11:17 PM
use high TF to know trend.
better you using min 1hour TF,if you want play short TF,makes sure your know what possibility can happen later
dmambi
2012-01-22, 08:56 AM
One should choose the charts with candlesticks as here reading the market from them is easy compared to other type of charts and hence i use the candlestick charts for my analysis. And the time frame should be choose based on our trading style and method used.
indianforex
2012-01-22, 01:15 PM
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.
hello brother i am a short time trader and always i will trade with 15 mins chart and 5 minutes chart.from my point of view the type of chart depends upon the style of trading and the trader which chart suits for he/she.and 15 min and 5 min chart suits for me
nanda
2012-01-22, 04:36 PM
ya every chart has its own advantage.just you must have knowledge about the chart that in which situation differnt chart must be used.its also depend on the type of trader
tajdarbet
2012-01-23, 10:21 AM
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.:respect:
main to sab ko he use karta houn kioun k es se app ko trand ka sahi andaza hota ha k app ko sell karna ha ya buy karna ha kioun k pehley wale time frame chart hane woh app ko sahi taran se nahi indecate karte lekin last yeni k h1 chart app ko sahi tor par indecate karta ha
burayak
2012-01-23, 07:30 PM
I personally often use a chart of M30 minute because it is a convenient chart that is used to analyze price movements well and properly but a larger time frame I also use to view and analyze price movements.
daily when combined with TF TF M5, I think not quite right.
because the difference is very far away. for example, we follow the trend up in the daily tf, tf small but the trend is down.
Which trend will you follow?
yup,usually beginners are impatient to get profit.
so in order to quickly get a profit, better playing in a small TF.
indianforex
2012-01-23, 11:25 PM
i am a part time trader and usually i used trade by using minute 15 chart.it will be comfortable for me to trade and sometimes i used 5 minutes chart also .because these chart helps me to analyse the price movement well
i think 15m and 30m is perfect for scalping....i am scalper so usually trade on this chart....and chart is helpfull acccording to our trading style....d1 and 4h is helpfull too day trading.......
Scalpers should use the 15m or 5m chart for better analysis and we shuldnt use 30m chart for scalping..and generally its depended on the our trading style...and knowledge...which to use?
generally I ..use 15m,5m chart for the analysis ..because i am quite beginner so i use scalping strategy ..so i usually trade on this time frame only...
issamlitim
2012-01-24, 11:04 PM
that is according to the movement of the price we can not trade on small time frame when the price move slow even in big time frame we have to trade on the time that the market move fast .
mohit
2012-01-24, 11:29 PM
i think it depend on the movement of the market how it is means whether it is volatile or not...
it also depend upon the trader also which method he is going to aplly in his trading
issamlitim
2012-01-25, 02:17 PM
this it will be according to the straegy that you do nd also according to the management and the spread of the broker that you trade on if you have broker take just 0.2 pip you will trade on 1m chart.
zeghbadrahem
2012-01-25, 03:07 PM
what is your opinion? aap yaha aapna sujhao de.
for me when i want to trade i always see all the chart and the good signal in all of them well i am checking the long chart at first like the 4H 1H and one day and select the trend and the pivot point when i see the clear trend i check the 5m and the 15m chart i think that they helpful too and open my deal till the next signal at the long term even thats take days but they get profit
issamlitim
2012-01-25, 03:57 PM
me day, 4h and 1h chart hi use krta hu...
day chart dekne pr mujhe trend ki direction pata chaltaa hai...or 4h chart se me sahi entery time or tp, sl set krta hu...me 15m,30m ke chart ko hamesha avoide krtaa hu..
yes this is a great chart 4h 1d 1h is great time frame to trade on brokers that have got a big spread and this way you will avoid the spread and avoid the volatile of the market.
borle
2012-01-25, 11:13 PM
as i always trade with scalping so i use 1m,30m,15m chart for analysis....but sometimes i use 1d chart for past movement of trade to decide to place order of individual pair
shareem
2012-01-26, 10:56 PM
for scalping it is good to use 15min chart and if you want go for long term then you should use 4h or daily chart becuse they get you better position of trend
ashwini
2012-01-28, 10:56 AM
cnadal chart hi best hain aur abhi max trader esse hi follow karte hain..
agar hum 1hr or jyada time frame ke chart ko follow karte hain.. to hum jyada kama sakte hain.. kiun ki iss se hum kam trade karenge jyada pip ke liye ..jo professional trader karte hain..
blackprince4u
2012-01-28, 10:59 AM
cnadal chart hi best hain aur abhi max trader esse hi follow karte hain..
agar hum 1hr or jyada time frame ke chart ko follow karte hain.. to hum jyada kama sakte hain.. kiun ki iss se hum kam trade karenge jyada pip ke liye ..jo professional trader karte hain..
jitna bhi ziada time frame ho ga usi k mutabik he hamara target ho ga. agar ham scalping karty hen to chota time frame use karty hen or profit bhi kam hota hy.
kuldeep
2012-01-28, 03:11 PM
The bar chart is one of the popular types of charts in forex trading. This chart shows the different prices of various currencies usually at 4 different times of the day. The bar chart tells traders the opening prices, the highest and lowest prices, and finally the closing prices of different foreign currency units
pooja
2012-02-02, 04:40 PM
scalping system is very good in a small time frame trading. while the big move was to take the reference clock, such as 1 hour and 4 hours, and 4 weekly hours refers to the merchant .... and management must be really good. for we must hold a minimum of 1000 points
anurag
2012-02-02, 05:27 PM
but with a good system we can go it. I also hope like that, we need to know. where we can position ourselves in trading strategies, we are not based on the analysis. but good management is the main thing.
anurag
2012-02-02, 05:35 PM
Scalping is very true with tf15 and tf30. every time we can take the point. it is very good for the future. and especially with lot 1. although the 5 points I think it's more than enough.
The most important use MM remains a good friend. success always
anurag
2012-02-02, 06:45 PM
I use the same with you. I use an open position in TF15. because I think in TF5 I encountered a lot of open faults, for TF1H. to see the price movement in a long trend. to make sure we are not upside down in an open position, TF4H too long in my opinion and TF4H often used by traders who play the longterm, because TF4H, is basically `the results of the weekly trading profit.
right of each trader will be different by using the chart, if I may type intraday chart using H1-D1 for process analysis and an open position. It also depends on market conditions at that time.
i prefer to trade on eur/usd at the 15m time frame it is the best for trading according to the spread and also according to the pip that you got it in this time frame it is more than 20pip.
arihant
2012-02-03, 05:46 PM
of course it will brother, any lower time frame will effect the higher time frame in the future, and it will be more visible in such medium time frame like H1 and H4, but i prefer to do the opposite, use the higher time frame to predict the lower one
arihant
2012-02-03, 05:55 PM
i think some daily trader still use the 1H TF as their bigger picture for daily trend, above 1D then he/she is certainly a swinger, a swinger will let his trade open for weeks to months, and their target profit are above 500 pips
mere khyal se scalping k liye m5 jyda acha chart ni hai.
esme market ka movement ek dam clear ni hota hai. or m5 me to tp b kam hi rkhna hoga 1-2pips.
but m15 bhut hi acha chart hai. me m15 hi use kr ta hu or mujhe fayda bi ho raha hai.
mere hisaab se scalping k liye M15 acha time frame hai.
M5 mai ham market k movement ko tik se ni samjh ni paayege.
or h1,h2,h4 short term trading k liye badiya hai.
agar ham long term me trading krna chahte hai to day chart bahut hi acha hai.
nilesh
2012-02-04, 07:26 PM
mre khiyal main to h1 or one day chart kafi help ful hain kioun k es se app ko ek muthekam qisam ki trading ki roteen milti ha app ko pair ki direction ka sahi sahi pata chalta ha k kis taraf us ki movement ha or traders ue ko dekh kar apna plane sahi taran se tiyar kar saktey hane
arihant
2012-02-05, 05:39 PM
i think it depend on the movement of the market how it is means whether it is volatile or not...
it also depend upon the trader also which method he is going to aplly in his trading
arihant
2012-02-06, 05:06 PM
jinho ney daily trading karni hy un logo k liye 4 hour wala time frame theek rahy ga ku k meray kheyal sy is me apko acha faisla leny k liye ziada time mil jata hy or ap is me ziada sy ziada profit earn krny me kamyab ho jaty hen.
kameeelforex
2012-02-06, 07:15 PM
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.:respect:
gi ye to appp k trading style par he depend karta ha kioun k her kisi ka trade karne ka apna style hota ha or us ko koi bhi time chart soute karta ha main to gi sab time frame dekh kar he trade karta houn kioun k es taran se mugh ko kafi help milti ha trade karne main or mera andaza kafi had tak sahi hota ha
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.
the time frames depends upon the trader and his trading style.i usually trade with M 5 or M 15 charts for open position and before entering the market i used to refer all the charts.
samuelkanu
2012-02-06, 09:31 PM
It depends on your trading style which defines the time frame.E.g if you are a scalper you cannot use a time frame higher than 1hr,but if you keepa trade running for a long time you should trade with higher timeframes like 4hr ,daily,e.t.c
pooja
2012-02-07, 01:15 PM
Achay results aap large time frame aur small time frame kay combination say hi lay sakty hain. Large time frame alone, aur small time frame alone aap ko achay results naheen day sakty.
nilesh
2012-02-07, 07:20 PM
There are various streategies you can use while trading if you want to trade for a long term, then it is better to use H4 chart. It gives you lot of information for a long term trend. If you want to trade on a daily basis then M15 chart is very useful. Plot fibronacci retracement on your chart to know trend changes.
pooja
2012-02-10, 12:30 PM
daily when combined with TF TF M5, I think not quite right.
because the difference is very far away. for example, we follow the trend up in the daily tf, tf small but the trend is down.
Which trend will you follow?
pooja
2012-02-10, 12:58 PM
yup,usually beginners are impatient to get profit.
so in order to quickly get a profit, better playing in a small TF.
forexprophet
2012-02-10, 01:00 PM
Each time frame can be traded successfully and yield opportunities for profitable trading. Shorter time frame requires constant monitoring whereas longer time frame requires less monitoring. The smaller the time frame the smaller the profit goals set by traders for each trade. Which time frame is suitable for us depends on your trading style.
topfx
2012-02-10, 01:07 PM
Each time frame can be traded successfully and yield opportunities for profitable trading. Shorter time frame requires constant monitoring whereas longer time frame requires less monitoring. The smaller the time frame the smaller the profit goals set by traders for each trade. Which time frame is suitable for us depends on your trading style.
its true, because the time frame that is used must fit the need, if you are a short term trader using the short time frame and if you as a long term trader using a longer time frame.
pooja
2012-02-10, 01:17 PM
whether you look at monthly charts?
I notice it indirectly, by looking at the restriction of movement through the MA MTF.
taqiniazi
2012-02-10, 04:37 PM
mostly the M1, M5 , M15 and M30 are more profitable for scalpers . and if you are a long term trader than use H1 or H4 for gaining good profit. this is very best
samuelkanu
2012-02-10, 05:51 PM
It depends on the type of trader you are and that determines what chart you will use.For scalpers timeframes of 30mins to 1 min is okay for them but for intraday traders higher time frames are better.But for my daily analysis i use the 4hr charts for my trading direction for the day and i enter trades with the 15 min timeframe.
i prefer to use time frame that make me avoid big loss of spread than trade on fractals indicator without following the trend this give us a lot of pips up and down but not enough money because we chose big time frame and that take a lot of time.
xiaotanghao
2012-02-10, 06:42 PM
As far as I am concerned,I think it just depends on which trading style you like.If you are a short term trader,then you can trade with 5 min time frame,15 min time frame and 30 min time frame together to help you to analysis the forex trend.While ,if you are a long term trader,1 hour time frame,4 hours time frame and day time frame together to analysis the trend.This my suggestion here.
seahawks90
2012-02-10, 06:56 PM
i always use h4 chart because i haven't tried other charts so i must say that they are very useful and i will try other charts sooner but till now i am using h4 chart and found that it is good for me till date i don't know that why people say that h1 is good in day time etc i felt that all are same may be there is some sort of difference in them but i am happy with my performance.
rajabd
2012-02-11, 01:13 AM
30 minutes time chart is the best chart in forex market. But D1, H4 and H1 movements is also help when you calculate in 30 minutes chart . when all chart indicate one signal , then you can start trade.
anurag
2012-02-11, 02:21 PM
even the type of trading is not important.The ultimate thing is that who has made the biggest profit.There is no chart which will be more useful and less useful.Each chart and style of trading is unique.If combined correctly,it will get us good profits.So it depends upon how we choose and workout.
shinde
2012-02-11, 04:36 PM
yes,TF is not more suitable for less profits and for short profits charts like 15m or 30m or sometimes even 1h is good.4h is good for traders who hold trade more than a day but close it soon.
each chart is important in its own ways.
gosians
2012-02-11, 04:38 PM
i always use h4 chart because i haven't tried other charts so i must say that they are very useful and i will try other charts sooner but till now i am using h4 chart and found that it is good for me till date i don't know that why people say that h1 is good in day time etc i felt that all are same may be there is some sort of difference in them but i am happy with my performance.
H4 chart is very good but its not good for the short term trading, i like to do short term trading so i set time frame on h1 after get the signal on h1 chart i mostly use M5 chart too to minimize the risk level and to find out the best point to enter.
arihant
2012-02-11, 04:51 PM
yes,m15 gives information about trends which form fast and dissolve fast.for long trends we should use big time frames which give more clear information.So every chart will be useful to traders on their type of trading.
arihant
2012-02-11, 04:54 PM
thats a good strategy of combining 4h with stoc .It gives a more accurate signal than compared to 1h or 30m chart .And 4h chart can be some times used for swing trading too.So usage of chart is determined by type of trading.all charts are equally important.
nilesh
2012-02-11, 06:23 PM
Yes, small time frames will be useful for scalp. Higher time frames is useful for analysis. If you want to trade in long term trading, then we must do analyze with 1h,4h,1d these charts. Using zigzag indicators, we may easily analyze the market.
anitagala124
2012-02-12, 02:18 PM
mein H1 chart use karta hu trade karne ke liye, coz this chart is very useful to determine the trend and very much easy to understand the movements, along with that i also preffer M15 for scalping and D1 for swing.
anitagala124
2012-02-12, 04:17 PM
I like trade on gold so I dont have long time for trade and take decisions I prefer short term trades therefore I use 5M, 15M or maximum 30M charts for trading in gold. We can earn good profit in 15 to 30 mints with gold.
steps you are doing is correct, but I suggest if you do a short or scalping trade using TF M5 because it is more clear and easy to miss the moment that happens. and do not use TF M1 because it was too fast and difficult to adjust.
newentry
2012-02-12, 10:28 PM
all time frames are needed and we do not leave one of them and because it will become the problem too at our trading forex
although i am a scalper, i used all time frames and especially for the higher to guide me to get the trend then i can trade with follow the trend
forexbroker123
2012-02-13, 09:06 PM
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.:respect:
yar ye to app k trading style pa depend karta ha k app ko kn sa time chart soute karta ha main to sahi bat ha k sab time chart dekhta houn us k bad he koi trade open karta houn kioun k app ko pata ha k app sab time chart jab dekhtey ho to app ko andaza foran ho jata ha k trand kis taraf ja rahi ha esi liye to main sab time fram chart dekhta houn
some time frame tell us to buy and some other tell us to sell if we use big time frame we have to use big stop loss and big take profit and if we use small time frame wehave to use small take profit and small stop loss.
Susti
2012-02-13, 09:32 PM
I use 15 min chart for scalping and 1hour chart for long trades. I do not usually leave a trade open for more than 1 day though. I rarely use the h4 and d1 charts just to compare trends.
newentry
2012-02-13, 09:57 PM
all time frames and charts are very needed by all the trader and with this they can get more information for their trading..they will know the direction of the trend and also they will know when and where they have to put the order at the right time and track
No chart is most uselful if you wanna trade in short time you need to use short-time chart and so if you wanna trade in long-term you will need use the longer time chart. Just combine many chart together to get the most effective system to trade effectively.
rajabd
2012-02-14, 01:18 PM
Many traders use EUR/USD. I know EUR/USD is the best chart in forex market. Because from most of forums I can know many information. We can trade by knowing world financial news about EUR/USD. World financial news is available.
twinkling star
2012-02-14, 02:41 PM
I think H1 is most useful to trade, as I did the most risky trade in 15 min chart so donnot ever use it. and h1 m1 and w1 takes a long time to give you result, if you could wait for a long time then do trade in this time period, otherwise h1 is the best to operate.
donofforex
2012-02-14, 07:10 PM
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.:respect:
mere khiyal main to ye sab k trading k style par he depend karta ha k kn sa time frame chart us ko sout karta ha main to gi scalping karta houn to mugh ko jo frrame chart acha lagta ha ya us ko main sahi taran se analize kar sakta houn to woh ha 15m ot 30 m en ko he main ziyada tar use karta houn
ishvara
2012-02-14, 09:38 PM
I think H1 is most useful to trade, as I did the most risky trade in 15 min chart so donnot ever use it. and h1 m1 and w1 takes a long time to give you result, if you could wait for a long time then do trade in this time period, otherwise h1 is the best to operate.
One Hour time frame is the best in forex trading charts for the day traders and the beginners. It is best with fast moving pairs like the EJ and GJ. I like trading these 2 pairs to make about 30 pips in that time frame.
tarun2305
2012-02-15, 12:53 PM
mere hisab se 154 min aur 1 hr wala best hai...kyuki short ter me jab karna ho to 15 min use karo...aur long term me 1 hr wala ....haan 30 min...wale me thoda risk rehta hai clearly pata ni chalta ki market ka movement kidhar hoga
wazid201118
2012-02-15, 01:17 PM
i use both 1h and 2h chart when i trade usually.But sometimes when i became busy in other works i had to trade for 15m,16m highest for 18m.However i can't trade freely when i use these short chart and most of time i had to lose profits.So now i spend my whole time in 2h hours and thats why i can earn a lot of profits.
KD1986
2012-02-15, 04:27 PM
i use both 1h and 2h chart when i trade usually.But sometimes when i became busy in other works i had to trade for 15m,16m highest for 18m.However i can't trade freely when i use these short chart and most of time i had to lose profits.So now i spend my whole time in 2h hours and thats why i can earn a lot of profits.
What platform are you using because i can't see 2h and 16m timeframe chart in MT4 platform.
I use all timeframe chart which is depend on what strategy i used and do trading according to it. Most c'mon in 15 and 1h for scalp trade.
realman
2012-02-15, 04:33 PM
All chart are very useful. Without all chart we are not able to see more past.
Trading depend on psychology. Not equal all trader psychology.
Many trader like sclaping
For their need
M1 chart
M5 chart
M15 chart
M30 chart
But many trader play long and day trading for their need
M30 chart
H1 chart
H4 chart
D1 chart
Some trader make weekly trade for their need
D1 chart
W1 chart
M1 chart.
Almost H1 chart is very useful for technical analysis for all.
Every forex trader out there should not neglect the bigger timeframes, because, the bigger timeframes is the main direction where the trend will go.
i do not agree with you i think big time frame is like small time frame the only different is in the long time frame you avoid the spread and in short time frame you will make a lot of deals.
KD1986
2012-02-15, 05:36 PM
i do not agree with you i think big time frame is like small time frame the only different is in the long time frame you avoid the spread and in short time frame you will make a lot of deals.
Absolutely correct and bigger time frame we can only see trend clearly. There are lots of difference in small time and bigger time frame. From my knowledge 5m is most useful chart to trade for example multiple trade opening, bigger movement in chart. Disadvantages of 5m chart is can wipe-out your funds in a seconds or minutes, if not analysis chart properly.
sangam
2012-02-15, 06:50 PM
I scalp trade combined with trade days, scalp trade is best to use M15 and M30. with I ofter see from the lower time frame to time frame higher (M15 to H4)
Main to 3 charts use karta ho M1, M5 aur M15 jab main trade karta hu. M1 charts use karke hamko yeh jankari ho jati hain ki trades kab karni hai aur trading karne ka sahi time bhi pata chal jata hain. M15 se trend pata chal jata hai jisko use karke trading me accha profits kama sakte hain .
sithara
2012-02-15, 06:59 PM
I'm using three charts for trading, All three are equally important. I'm using Daily chart to identify long term trend. H1/H4 to identify the medium term trend and using M15 to execute the trade. It gives me an overall idea of the trend.
rajabd
2012-02-15, 09:38 PM
From 7 am to 12 am you need 30 minutes chart with follow H1 and H4 chart. If you want to scalping so you need 15 minutes chart. And you can trade late night trade as scalping from 12 am to 6 am take profit should 8 pips and stop loss 25 pips by 15 minutes chart
seahawks90
2012-02-16, 11:23 AM
i have always trade with H4 charts and i can say that its good for me till now because i am making good profit in forex trading by using the charts so i am really happy with my performance and may be the others charts also works well i will surely try the other charts.
chenfhu
2012-02-16, 03:53 PM
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.
:yahoo:
twinkling star
2012-02-16, 08:26 PM
usage time frame depending on the strategy and the type of trading each trader, but it will be good if we trade use and combine more than one time frame in order to be able to see large or small trend movement
you are right, you may use the different time periods for comparison, only 1 chart does not give you right decision, you might using the sides charts for comparison, as if you are using H1 then you may compare it with H4 and M30 charts.
ashwini
2012-02-17, 04:03 PM
tino chart hi achha hian.. lekin main khud line chart aur candle chart use kar chuka hun.. aur dono hi mast hain.. candle chart main jyada advantage hain.. agar app candle chart achhi tarah study kare to .. bar chart aur candle chart main jyada farak nahi hain.. fir bhi main candle chart ka hi prefer karunga.. iss chart main app khud .. resistance. supprt esily jan sakte hain.. kab market turn karega yeh jan sakte hain.. iski .. jo trend.. indicates karte hain ohh bahut hi achha hain ..
I also prefer to trade with menggu nWill 1H time frame. Time Frema because it is not too fast that often led to false trend and not too long so as to make us saturated in making observations....
I also prefer to trade with menggu nWill 1H time frame. Time Frema because it is not too fast that often led to false trend and not too long so as to make us saturated in making observations....
Every time frame has it own important if you want to trade for long term then you need to trade with H1 or H4 chart and if you want to trade with scalping then you need M5 chart. these chart are most important for these types of trading.
bregeston
2012-02-18, 01:19 PM
Every time frame has it own important if you want to trade for long term then you need to trade with H1 or H4 chart and if you want to trade with scalping then you need M5 chart. these chart are most important for these types of trading.
discipline on the trading rule is one factor that can make us generate profits consistently .. too focused on the daily target will only make our mindset fixated on profit and ignore money management to achieve the daily target
:)
asheeshgi
2012-02-18, 01:33 PM
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.:respect:
ye to gi wse app k trading k style par he depend karta ha k kn sa time chart app ko sahi rahe ga mere khiyal mainto app apna trading style bhi sath share karen maint o abhi free style main kar raaha hpun koi strategy use nahi kar raha regulerly esi liye main to her time chart dekhta houn k kon sa sahi rahe ga mere liye
lgarhboularbah
2012-02-18, 03:11 PM
as i see that the best chart and the clear one is the long chart like one day and one week and thi dont mean that the other are not good but the clear trend and the trust one one we find it at the long term and when we find that the trend is not clear we just trade at the short term like 1m 5m till 15m
KD1986
2012-02-22, 01:11 AM
Bar charts are good for making trading analysis for those that can read and understand them. In my personal opinion I find bar charts more useful if you are trading with the Elliot wave strategy. Otherwise,l I prefer to use the candlestick chart.
That good information you have provided to use bar chart with elliot wave strategy. Can you provide more information regarding it it will be pleasure to learn from it. I always use bar chart for high/low target and to make my target precision more clear for better analysis.
riskfx2012
2012-02-23, 01:03 PM
i believe some daily trader still make use of the 1H TF his or her problem for daily trend, above 1D he thenOrshe's certainly a swinger, a swinger will let his trade open for days to several weeks, as well as their target profit are above 500 pips
Thakur
2012-02-23, 08:30 PM
I am a day trader so I work with the 1 hr chart most of the time. Though I may consult the 4 hr chart but the 1 hr chart always gives me the best entry, then I monitor trade on the 15 min chart so that is how I trade with the charts.
ahmedfx
2012-02-23, 09:11 PM
for me to know the trend daily i advise you to see 4H or D1 frame and then you can depend on 1H frame to enter long term transaction but less than 1 h only for sacpling and it is dangerous for new trader .
maryosa
2012-02-23, 11:32 PM
If talking about chart, then candlestick chart is chart that many trader like and prefer to use for trade. Candlestick chart like indicator for trader that use naked trading. Also, even with indicator candle stick chart still good to make technical analysis.
clickme
2012-02-24, 12:00 PM
I use candlestick chart, it has many variation and specialty to trade. this chart has a own psychology that help traders to trade with extra power. and has the unique system to trade only by reading chart pattern. that is very renowned and reliable.
niteshforex
2012-02-24, 03:00 PM
The best thing for any scalper is that he should be able to identify the entry and the exit levels. So for doing this he would need the MACD indicator on the M5 charts and then only he would be able to make profitable trades in the markets.
Tarek
2012-02-24, 08:53 PM
I totally agree with you, I also trade on the TF 1 H, this is the best for me. but I advise you to try all the TF to find the best for your strategy, you will find after TF the best for your trading method, I wish you luck.
dintera
2012-02-25, 08:36 AM
Usage of chart is very much depending on our trading practices either day trading or swing trading. For a day trading, we are looking at making a gain on s short term basis. Swing trading could be a long term approach usually more than a day. Before we could decide which type of trading we intend to use, we first must be able to read a chart and determine whether the market is going up, down or sideways.
mind4sale
2012-02-25, 11:01 AM
for scalping 1 hour and 5 minute chart is better 1 hour is for find market trend and 5M chart for entry position .and for medium term 4H and 15M chart is better. for example if 4H chart tell buy signal and 15M chart also tell buy signal then trader can place a buy order
kampung
2012-02-25, 11:34 AM
for scalping 1 hour and 5 minute chart is better 1 hour is for find market trend and 5M chart for entry position .and for medium term 4H and 15M chart is better. for example if 4H chart tell buy signal and 15M chart also tell buy signal then trader can place a buy order
I know the daily trader would use a 4-hour time frame to observe the trading market in a big trend and this is to analyze the market where prices move in the next, and this will greatly help the traders to trade them properly
fxquest
2012-02-25, 01:15 PM
I often look on 1 minute chart as it tell me about support and resistances for my very short term trades - i also look at 5 minute chart time to time to ensure i am trading in right direction and this help me most of the time to make few pips in every trade in few moments itself.
sasmita11
2012-02-25, 08:56 PM
i think Technical analysis is more useful to trade,this types of chart help me to trade.
examin
2012-02-25, 09:47 PM
Lightbulb Which chart is more useful to trade?
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.
this is according to the pair that the trader use and according to the strategy and the spread and the most important is the movement of the pair fast move mean short time frame and all this is volatile.
abdur
2012-02-25, 09:53 PM
a very good question ,,, because i have been new to the forex would also love to know the same ...
all viable and expert information is dearly awaited!!!
rahibul
2012-02-25, 11:32 PM
If you want to trade forex, you need the right tools and understanding of currency trading. Forex Charts most useful tools for Forex trading that can help in determining rates. If you interpret charts and diligently, at least time to react, you can earn huge profits. 4H charts are best for new traders.
zher_albanfsij
2012-02-25, 11:38 PM
If you choose to be a Forex trader exploited, because you like the activity more and / or that you have the attention span is limited in Forex, it is the best graphics that will help you is the chart for one minute or chart for five minutes, and you can select the entry and exit points in the same manner specified by the dealer position in the graphs of daily or weekly.
how can the bigger time frame predict the smaller time frame, as far as i know, bigger time frame is representing the smaller time frame, so no one affecting no one. it's stand independently and individually.
i'm also trade with H4 time frame, it moves very slowly but can give assurance in bigger profit. So for you who want to create more certain profit, start learn to use bigger time frame, it less stress and very enjoyable.
siddesh
2012-02-26, 06:31 PM
simple rules for me, set the H4 time frame as default and M15 as comparison. each time we want to open position make sure we're seeing the big trend and make sure by seeing the M15 time frame. that will give us a clearer view what's going on in the market.
krishan
2012-02-26, 07:01 PM
वहाँ विभिन्न streategies तुम जबकि व्यापार का उपयोग करें अगर आप एक लंबी अवधि के लिए व्यापार करना चाहते हैं, तो यह बेहतर है H4 चार्ट का उपयोग करने के लिए. यह तुम एक लंबी अवधि के रुझान के लिए जानकारी का बहुत कुछ देता है. यदि आप एक दैनिक आधार पर व्यापार करना चाहते हैं तो M15 चार्ट बहुत उपयोगी है. अपने चार्ट पर प्लॉट fibronacci retracement प्रवृत्ति परिवर्तन का पता करने के लिए.
manibhai2012
2012-02-26, 08:30 PM
Which chart is more useful to trade?
I prefer to use the candlestick chart rather than using line and bar chart, because I think candle stick chart is very easy to use as compared to using bar or line chart you can find a position easy in candlestick chart, this is only my views but its depends on your liking and disliking also.
bambang
2012-02-26, 09:09 PM
Most of the newbies like to see the 1 M chart because they like to scalp the market and you know that in this time frame we can get some good movement in the market and we can do some good tradings.
in my opinion, is at risk if a beginner trading with a time frame m1.
for scalping in m1 requires concentration and experience, because the timeframe m1 encountered many fake wave
raka999
2012-02-26, 09:12 PM
I am more comfortable trading with the H1 and M15. H1 usually I use to see the trend going. whereas, I use the M15 to the entry point. for TF is less than M 15, we will find a lot of false. M1 moreover, is very risky.
siredewe
2012-02-26, 10:06 PM
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.:respect:
h4 and daily time frame is good to determine the trend of a particular day as a basis of 1hr and 15mnt trading.. that;'s what i do for this recent years.. and it works for me..i also trade in the same time frame with you..so try it by yourself..maybe it also works for you..;)
ishvara
2012-02-26, 11:07 PM
it depends on the user which chart best suits him. I check the daily $ H1 frames before making a trade. Gut i focus on 5M and 15M time frames all the time when i trade
Yes, it depends on the user. We all have the things that we like best so charts would just be used by we traders in accordance with our trading skills, style and trading psychology.
kalponick
2012-02-27, 03:46 AM
Candlestick.. and Candlestick and Candlestick.. I used line chart for drawing fibonacci and trendline.. but now I use only candlestick for everything.. Not only in forex but also in every market like this use candlesticks heavily.. With those candlestick patterns and formations trading becomes really profitable.. But all thanks to Steve Nison and Homma Munehisha.. For this amazing tool..
muhammadfarooq
2012-02-27, 07:54 AM
There are so many chart in the forex trading but for me i choose the 5 minutes chart for trading because i feel that its best for me and get the more profit to watch this chart, but trader can choose their own chart for their trading.
kamrul10
2012-02-27, 11:59 AM
mujhe to sabh chart accha lagta hai.scalping ka liye m1 ,m15 use karna behtar hai.or hum longtime trading k liye hourly charts or time frame use kar sakte hai.sabh chart hi importants hai trading k liye.
ashwini
2012-02-27, 12:06 PM
every chart is useful.. its depend on in with which chart u do practice.. so u are familiar with that chart . .. and u trade easily on that chart.. i use personally candle stick chart. and use with the 1hr and 4hr and daily timeframe. its is very useful .. with this chart am doing day scalping. every day i got the chance to enter the market 2-3 times.. but i useally prefer only one trade per day.
kampung
2012-02-27, 12:46 PM
every chart is useful.. its depend on in with which chart u do practice.. so u are familiar with that chart . .. and u trade easily on that chart.. i use personally candle stick chart. and use with the 1hr and 4hr and daily timeframe. its is very useful .. with this chart am doing day scalping. every day i got the chance to enter the market 2-3 times.. but i useally prefer only one trade per day.
it seems the time frame of 1 hour and 4 hours would be more suitable we use in our use of commerce that we can go in only a few times no more than 4 times a day to not push yourself in doing the trade
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
yes everything depends upon our trading style.and 1hr and 4hr as used for determining the trend.
first i was using 1h chart but now i am planning to change my strategy and i am using 15m chart.
even the type of trading is not important.The ultimate thing is that who has made the biggest profit.There is no chart which will be more useful and less useful.Each chart and style of trading is unique.If combined correctly,it will get us good profits.So it depends upon how we choose and workout.
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.
krishan
2012-02-27, 05:49 PM
yes,TF is not more suitable for less profits and for short profits charts like 15m or 30m or sometimes even 1h is good.4h is good for traders who hold trade more than a day but close it soon.
each chart is important in its own ways.
siddesh
2012-02-27, 06:12 PM
yes,m15 gives information about trends which form fast and dissolve fast.for long trends we should use big time frames which give more clear information.So every chart will be useful to traders on their type of trading.
siddesh
2012-02-27, 06:32 PM
thats a good strategy of combining 4h with stoc .It gives a more accurate signal than compared to 1h or 30m chart .And 4h chart can be some times used for swing trading too.So usage of chart is determined by type of trading.all charts are equally important.
as i always trade with scalping so i use 1m,30m,15m chart for analysis....but sometimes i use 1d chart for past movement of trade to decide to place order of individual pair
Tarek
2012-02-27, 09:05 PM
I totally agree with you my brother, for all beginners, with the trading strategy Scalping is best for them, they must use a TP of 15 pips and 10 pips stop loss, for what they will using a high volume, they will earn much profit per transaction.
wolfkamikaz
2012-02-29, 09:59 AM
yes everything depends upon our trading style.and 1hr and 4hr as used for determining the trend.
first i was using 1h chart but now i am planning to change my strategy and i am using 15m chart.
yes you are right 1hr chart is very good to trade it is more relax to trade is less risk to trade than lower time frame if some trader can apply it it will be good
Achay results aap large time frame aur small time frame kay combination say hi lay sakty hain. Large time frame alone, aur small time frame alone aap ko achay results naheen day sakty.
preetfx
2012-02-29, 02:58 PM
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.:respect:
for intra day trading and for making good trading decisions i found the 30 minute chart very useful as this is the lowest time frame where the market is more or less stable and is able to give a true direction and a true feel of the trend
ilovemyindia
2012-02-29, 03:53 PM
i think H1 is best for intraday trade ye kafi achcha hai hume market ki sahi direction aur sab trend ka pata chalne mein kafi help milti hai mere khayal se H1 best hai main hamesha ye hi use karta hoon par jab technical ananysis karna hota hai tab main sab chart ka use karta hoon aur apne hisaab se technical karta hoon jo ki mere liye kafi benefit ho jati hai:)
i use to M30 or H1 koi bhi chart frame bura nahi hota hai
trader apni trading ke style se apna target set karke chart usi hisab se selet karta hai
main ye kahna chahta hu chart koi bhi agar uski strategy mein koi dum nahi hai to chart usmein kuch nahi karega
Apki bat bilkul theek hy, hr chart ka faida hy, boht sy scalpers jo market ki smajh bojh rakhty hen wo H1 and H4 waly chart ko dykh k trend ko indicate krty hen aur ohr M5 ya M15 waly chart k hissab sy position open kr lyty hen.
Mery khyal sy H1 aur H4 time frame best hy. Hr trader ka apna apna hisab hota hy kisi ko koi time frame suite krta hy tu kisi ko koi. Agr ap scalper hen tu time frame ko M5 aur M15 tak rakhen jb k mediun term trading k lye H1 and H4 are best.
krishan
2012-02-29, 05:43 PM
I think all the charts are useful, we don't have a single chart that is useless. But every chart has its own uses, advantages and disadvantages. If a chart is useful for long term then we can use it for short term and if a chart is useful for short term then we can't use that for long term.
Mery khyal sy H1 aur H4 time frame best hy. Hr trader ka apna apna hisab hota hy kisi ko koi time frame suite krta hy tu kisi ko koi. Agr ap scalper hen tu time frame ko M5 aur M15 tak rakhen jb k mediun term trading k lye H1 and H4 are best.
H1 sabse best hain ye badiya chart hota hai hum ismein hour ke hisaab se market ko dekh sakte hai m1 ya m15 us chart ki movement kafi fast hoti hai mere khayal se us chart ko dekh kar trade karne ke liye kafi experience chahiye hota hain
krishan
2012-02-29, 06:55 PM
Yes, I agree with you, every chart is important and used for it specific purpose and type of trading. Generally for long term we have hourly charts and for short term trading we have short time interval charts.
chetan
2012-03-10, 06:11 PM
I love scalping and i mostly base my trades on tick chart so i do not need to see on any additional charts for entering trades, though to determine short or long term trend i occasionally see the chart but that is just to avoid scalping opposite to trend.
chetan
2012-03-11, 04:46 PM
I have learn this from the long experience that if we want to get some good knowledge about the market and tradings well then we need to trade with big time frames other wise it is use less for us to trade.
chirayu
2012-03-11, 08:31 PM
ya every chart has its own advantage.just you must have knowledge about the chart that in which situation differnt chart must be used.its also depend on the type of trader
Techno
2012-03-12, 10:20 AM
I think all the charts are useful, we don't have a single chart that is useless. But every chart has its own uses, advantages and disadvantages. If a chart is useful for long term then we can use it for short term and if a chart is useful for short term then we can't use that for long term.
in using the chart to analyze the market.
I prefer to use a candle chart. due to the use of candles, I was able to analyze price action. and also more obvious forms of candle price.
This is very useful to identify the shape and chart patterns.
sabbir20
2012-03-12, 10:41 AM
this will depend within the individual which usually monitor most effective matches your pet. My spouse and i test this regular money H1 structures just before setting up a buy and sell. Digestive tract my spouse and i target 5M as well as 15M time frame structures continuously once i buy and sell.
raka999
2012-03-12, 10:42 AM
I really like the chart in the H1 TF. because it can give a trend going on that day. I always combine with M15 TF. to enter the market, I use the M15. whereas H1, as the reference trends.
Rifat
2012-03-12, 11:28 AM
for me i think its better to see all because it give us more clear picture but need time small. so its better to observe all but you have to follow most of the time 1 time frame the chart is very useful for us as trading on the M5-15 is suitable for the type of scalping, M30-D1 is suitable for day trade,,,,,,,,,,,,,
wazid201118
2012-03-12, 11:32 AM
I prefer to trade with H1 chart coz this chart helps me to realize the market value of the foreign currency.I can understand well that which pair would be best for me to trade.So i like the H1 chart in trade.
norix
2012-03-12, 11:40 AM
in using the chart to analyze the market.
I prefer to use a candle chart. due to the use of candles, I was able to analyze price action. and also more obvious forms of candle price.
This is very useful to identify the shape and chart patterns.
see movements and market trends by looking at the chart that we know, you name it we can see the trend of the use of a large TF then proceed to the small TF, that's one way to see whether the price of a rhythm or not
rajesh
2012-03-12, 12:16 PM
H4 chart is very good but its not good for the short term trading, i like to do short term trading so i set time frame on h1 after get the signal on h1 chart i mostly use M5 chart too to minimize the risk level and to find out the best point to enter.
sunil
2012-03-12, 01:36 PM
Apki bat bilkul theek hy, hr chart ka faida hy, boht sy scalpers jo market ki smajh bojh rakhty hen wo H1 and H4 waly chart ko dykh k trend ko indicate krty hen aur ohr M5 ya M15 waly chart k hissab sy position open kr lyty hen.
sunil
2012-03-12, 01:49 PM
Mery khyal sy H1 aur H4 time frame best hy. Hr trader ka apna apna hisab hota hy kisi ko koi time frame suite krta hy tu kisi ko koi. Agr ap scalper hen tu time frame ko M5 aur M15 tak rakhen jb k mediun term trading k lye H1 and H4 are best.
rajesh
2012-03-13, 12:31 PM
i think 15m and 30m is perfect for scalping....i am scalper so usually trade on this chart....and chart is helpfull acccording to our trading style....d1 and 4h is helpfull too day trading.......
rajesh
2012-03-13, 12:47 PM
Scalpers should use the 15m or 5m chart for better analysis and we shuldnt use 30m chart for scalping..and generally its depended on the our trading style...and knowledge...which to use?
rajesh
2012-03-13, 12:56 PM
generally I ..use 15m,5m chart for the analysis ..because i am quite beginner so i use scalping strategy ..so i usually trade on this time frame only...
netra
2012-03-13, 02:54 PM
Yeah,,,u r right,,,mein bhi scalping kartaa hu to mein 5M , 15M ,chart use kartaa hoon...but jab long term trading karni hoti hai to mein 1D,,1h,4h...use kartaa hoon..and u said right all depend on trading style
chirayu
2012-03-13, 03:38 PM
as i always trade with scalping so i use 1m,30m,15m chart for analysis....but sometimes i use 1d chart for past movement of trade to decide to place order of individual pair
sachin
2012-03-13, 04:18 PM
scalping system is very good in a small time frame trading. while the big move was to take the reference clock, such as 1 hour and 4 hours, and 4 weekly hours refers to the merchant .... and management must be really good. for we must hold a minimum of 1000 points
chetan
2012-03-13, 05:51 PM
Scalping is very true with tf15 and tf30. every time we can take the point. it is very good for the future. and especially with lot 1. although the 5 points I think it's more than enough.
The most important use MM remains a good friend. success always
chetan
2012-03-13, 05:56 PM
but with a good system we can go it. I also hope like that, we need to know. where we can position ourselves in trading strategies, we are not based on the analysis. but good management is the main thing.
chetan
2012-03-13, 06:10 PM
I use the same with you. I use an open position in TF15. because I think in TF5 I encountered a lot of open faults, for TF1H. to see the price movement in a long trend. to make sure we are not upside down in an open position, TF4H too long in my opinion and TF4H often used by traders who play the longterm, because TF4H, is basically `the results of the weekly trading profit.
herono1
2012-03-13, 06:22 PM
All the chart are good for in forex trading but in m opinion the 5 minutes is best to trade , better for the beginner's to watch the chart carefully observe the trading market and make their best trade.
sunil
2012-03-13, 06:43 PM
Yes, I agree with you, every chart is important and used for it specific purpose and type of trading. Generally for long term we have hourly charts and for short term trading we have short time interval charts.
CoreMethod101
2012-03-13, 06:51 PM
1 hour chart is more useful for me. This all depends on your trading type. If you like scalping you can settle for 5min to 10min chart for a long term trader 1hr to daily chart is advisable.
yes, i agree with what you mentioned.
the kind of trading style that we use will dictate which time frame that we must use.
this is because each trading style is designed to accomplish certain goal.
scalpers will only use small time frame like m1 and m5 while non-scalpers will use h1 time frame and upward.
sunil
2012-03-13, 07:36 PM
I think all the charts are useful, we don't have a single chart that is useless. But every chart has its own uses, advantages and disadvantages. If a chart is useful for long term then we can use it for short term and if a chart is useful for short term then we can't use that for long term.
sachin
2012-03-14, 12:38 PM
Bar charts are good for making trading analysis for those that can read and understand them. In my personal opinion I find bar charts more useful if you are trading with the Elliot wave strategy. Otherwise,l I prefer to use the candlestick chart.
bambang
2012-03-14, 04:21 PM
All the chart are good for in forex trading but in m opinion the 5 minutes is best to trade , better for the beginner's to watch the chart carefully observe the trading market and make their best trade.
I think m5 less good time frame to be used by a beginner. for m5, there are many fake signals or fake waves. very difficult for a novice to distinguish the fake waves with valid waves. it can cause a lot of gain loss. for beginners in my opinion is best to use M30 or M15
narendra
2012-03-14, 06:29 PM
Mary khayal main scalpers jo 10 say 20 pips kay liye trade karty hain un kay liye 1M chart aur 5M chart perfect hay. Agar aap ko large term trade karnee hay to phir aap kay liye large frames behtar hain.
aryan
2012-03-16, 12:47 PM
1 week charts mein apko may be aik tarde mein two week tek leg jaen to i think that`ll be dangerous experiement for novice trader but 4H chart theek ha do ya teen confmatio kerne k bad trade ki jasekti ha swing trde k leye jiada paise ki jaroet hoti haa
audio
2012-03-17, 07:22 PM
candlestick chart for sure really help if you use candlestick pattern for entry and exit in our trading system. So its really depend on the trading system we use, either its really helpful if we use candlestick chart or if we use line chart.
vineet
2012-03-19, 01:28 PM
yes,m15 gives information about trends which form fast and dissolve fast.for long trends we should use big time frames which give more clear information.So every chart will be useful to traders on their type of trading.
vineet
2012-03-19, 01:30 PM
thats a good strategy of combining 4h with stoc .It gives a more accurate signal than compared to 1h or 30m chart .And 4h chart can be some times used for swing trading too.So usage of chart is determined by type of trading.all charts are equally important.
narendra
2012-03-19, 02:10 PM
yes everything depends upon our trading style.and 1hr and 4hr as used for determining the trend.
first i was using 1h chart but now i am planning to change my strategy and i am using 15m chart.
for me all chart are very important, all of them shows indication of a trend or reversal. usually higher time frame for a trend and lower frame for a trigger.
i agree with you in this point because i think that evry chart have strong point and weak point and the good result is depending to the usage of the trader for those indicators and the money management play big part on the game.
sinaga
2012-03-19, 03:05 PM
candlestick chart for sure really help if you use candlestick pattern for entry and exit in our trading system. So its really depend on the trading system we use, either its really helpful if we use candlestick chart or if we use line chart.
absolutely right. I agree with you. for I know is very important candlestick patterns. candle pattern is formed, we will easily find out the price movement of market trading. there we can determine when the right time to start trading
agitiga
2012-03-19, 03:08 PM
I am used to trading with the 4hrs chart because i am a day trader, it helps to remove trend attempt from my analytical information, the other lower charts are good for scalping
patil
2012-03-20, 05:58 PM
how can the bigger time frame predict the smaller time frame, as far as i know, bigger time frame is representing the smaller time frame, so no one affecting no one. it's stand independently and individually.
narendra
2012-03-21, 07:55 PM
Yes i also like candlestick chart it is very good to see and clear view. I think this candlestick chart is good for trader. Many expert trader use candlestick chart. I also use it and for time frame i use 1 hour chart and 15 minute chart.
sabaarshad
2012-03-21, 08:08 PM
mera sujhao yeah hai ke aap daily trend se dekhna shuru karo woh aap ko bari picture dey ga. phir 4hr chart dekho, woh aap ko din ke andar ka samachaar sunae ga. Phir aap 1 hour wala chart dekh k decision lo k trend kis taraf jaa raha hai aur jaisay he price ka pull back ho waisay he buy ya sell ki position open kar dou. 15 minute chart scalping k liye acha hai aur 1 hr ki madad se 15 min mein trade kar sakte ho, profitable rahe ga
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.:respect:
patil
2012-03-22, 03:04 PM
TF4H very good if used for patient traders, because to take profits it takes time and not trading every day, maybe per day just doing one or two transactions,
I do not like it, Im prefer the type of aggressive trading by using TF15M
vineet
2012-03-22, 04:13 PM
chart type use karna trader par depend karta hai. scalper trader small tiime fram ka chart use karte hai or long trader long time frame ka chart use karte hai.
or chart main to mere hisaab se almost trader candlestick chart hi use karte hoge. ye chart acha hai reading main.
naziafarhan
2012-03-22, 07:09 PM
I use 1h and 4h chart for trade 4h to find the trend and 1h chart for triggering. When I started trading then I used M1 chart which gave me a lot of false signals and I lost allmy mobey then I understood that longer tf is required for stable trade. Then Started using 1h chart but I use also 4h cart for finding a trend.
neworder555
2012-03-22, 08:39 PM
i think 4 hour chart is very useful to trade it help you make an opinion about the weekly trend
in a week
and then you can use 1 hour chart to follow up your orders and open daily orders with the general 4 hour direction
for this week
issam
2012-03-22, 09:40 PM
according to my experience I prefer to do my all this data and my experience as I work them all because they are very important, whether in hours or minutes or days when that's what I'm seeing
over580
2012-03-23, 01:18 AM
Well I think five minutes Charts are very difficult to Trade if you are not a Scalper...Its because of you will get a lot of false signal during trading session...though quick move can help you to get some pips
ashwini
2012-03-23, 08:43 AM
candle stick chart daily frame ..sabse accha hain.. isse apko ajj ka overall market kider jayega yeh easily pata chalta hain..
iss chart ko follow karne se .. yeh to sahi hian ki app ko may be daily trade karne ka mouka na mile ..but jab bhi milta hain.. profit hi milta hain.so main isse istemalll kar ta humm..
do your best in forex..
siredewe
2012-03-23, 08:48 AM
chart selection is strongly influenced by the trading style of each person whether the person is included in this type of long term trader or shortterm traders. so it can be argued that it could not be compared. for me personally, the most useful chart is the chart h1 and M15 because I fall into that category intraday trader.
waqtitrader
2012-03-23, 10:42 AM
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.:respect:
mere khiyal main to candle stisk chart jo ha woh sab se bast ha kioun k main ne akser traders ko wohi use kartey dekha ha or wese bhi meri zaati raye ye ha k woh chart kafi acha ha app khud try kar k dekh lo us ki indecation app ko bilkul thik lelen gi
patil
2012-03-23, 01:19 PM
i think H1 is best for intraday trade ye kafi achcha hai hume market ki sahi direction aur sab trend ka pata chalne mein kafi help milti hai mere khayal se H1 best hai main hamesha ye hi use karta hoon par jab technical ananysis karna hota hai tab main sab chart ka use karta hoon aur apne hisaab se technical karta hoon jo ki mere liye kafi benefit ho jati hai
narendra
2012-03-23, 02:50 PM
yes brother i know ki scalping jo karte hai wo kafi experience holder hote hai unki salo ki mehnat hoti hai hum bhi scalping karenge tabhi to hume bhi knowledge milegi chahe hum scalping demo par kare taki scalping agar galat bhi ho to koi gum na ho deyaan ye dena hai ki scalping ko hume sahi se sikhna chahiye
narendra
2012-03-23, 03:16 PM
main trade dono tarah ki karta hoon fast aur scalping par jaydatar main h1 use karta hoon long trade kyun ki usmein risk kam aur profit bhi achcha hota hai scalping main kabhi kabhi karta hoon kyun ki usmein abhi jayda knowledge nahi hai isliye
scorpian7
2012-03-23, 03:32 PM
It all depends on the type of trading you are following . If you are a long term trader then you need to see charts of daily and weekly . But if you are a day trader then you need to focus on 4 hourly, hourly and lesser time duration charts for analysis.
aryan
2012-03-23, 04:45 PM
mujhe to sabh chart accha lagta hai.scalping ka liye m1 ,m15 use karna behtar hai.or hum longtime trading k liye hourly charts or time frame use kar sakte hai.sabh chart hi importants hai trading k liye.
rakesh
2012-03-24, 01:51 PM
its true but i always follow 1 H chart which is great for me and if do scalping then see 1 M and 5 M too. actually i think its better to see all because it give us more clear picture but need time small. so its better to observe all but you have to follow most of the time 1 time frame , it may 4h or 1 h.
jinho ney daily trading karni hy un logo k liye 4 hour wala time frame theek rahy ga ku k meray kheyal sy is me apko acha faisla leny k liye ziada time mil jata hy or ap is me ziada sy ziada profit earn krny me kamyab ho jaty hen.
from my experiment i think that the trade with the short term after the anaylze of the long term is the best way to avoid the huge lost and make money and we should also put a management of the money for example when we have a a trend we will enter by the deal just with the direction of this trend in the short term and the long term we use the 4H and 1H and the short 5min and 15min
sagar
2012-03-26, 01:06 PM
all time frames are needed and we do not leave one of them and because it will become the problem too at our trading forex
although i am a scalper, i used all time frames and especially for the higher to guide me to get the trend then i can trade with follow the trend
sagar
2012-03-26, 01:13 PM
all time frames and charts are very needed by all the trader and with this they can get more information for their trading..they will know the direction of the trend and also they will know when and where they have to put the order at the right time and track
kuldip kale
2012-03-26, 05:41 PM
maine abhi abhi trade shuru kiya isiliye mai h1 and h4 chart hi use karta hu kyunki isase mujhe kafi achi jankari milti hai market ke bare mai
aur ye hame trade karna ka sahi tarika bhi batate hai
amirepst
2012-03-26, 05:55 PM
It's depends to trader type,If you are a scalper ,you will trader the 5M chart or the 15M chart
If you have a big amount and want to keep your trading safe ,You should trade the 4H chart.
But, In my opinion ,I think the 1H chart is the best one ,Because It's safe and can clearly identify where you should enter an order and 1H in the forex market can gives you about 40 pips ,So it's safe and fast to make daily profit .
Happy earning !
joget
2012-03-27, 07:28 AM
all time frame charts are useful, but more useful for trading is appropriate to the type or how you trade and also in accordance with the profit target to be achieved. for the short term is generally used time frame H1 as a reference trend and make execution entry or exit by use a lower time frame.
got2luvyou25
2012-03-27, 10:00 AM
In my opinion I pence that the time must be properly selected depending on the type of trader. Because Scalper generally do not look at delays longer needed what is the current market trend is not history. And some one looks at the longer delays and make orders but as posts above said look larger TF were used to identify market trends through regular traders as well.
bahi even ap scalper ho apko wait to kerna he perta ha , scalping ka mateln ye nahi ha k 5 mnt bad trade close ker do pako wait kerna perta ha jeb tek apko kuch pips earn na ke r lo , actually mostly novice trader want to make the fast money so wo stupid mistake kerte hain or scaping ki try kerte hain , scalping bohot hard ha , trader ko ko wohi method use kerna chaya jis main kam risk ho
zahidrock
2012-03-27, 10:21 AM
I like to trade with scalping so i use M5 and M15 chart for my trading. But sometime i use long term trading and on that time i use H1 and D1 chart for trading. I think this is best chart for every trader. And i can make good profit with this chart.
all time frame charts are useful, but more useful for trading is appropriate to the type or how you trade and also in accordance with the profit target to be achieved. for the short term is generally used time frame H1 as a reference trend and make execution entry or exit by use a lower time frame.
yes, I also always use 1H TF to observe movements in the forex market charts, I feel this TF is very useful because often the trend is correct and not too long so as to make us bored....
rakesh
2012-03-27, 12:28 PM
There are various streategies you can use while trading if you want to trade for a long term, then it is better to use H4 chart. It gives you lot of information for a long term trend. If you want to trade on a daily basis then M15 chart is very useful. Plot fibronacci retracement on your chart to know trend changes.
sagar
2012-03-28, 12:27 PM
in my opinion, is at risk if a beginner trading with a time frame m1.
for scalping in m1 requires concentration and experience, because the timeframe m1 encountered many fake wave
anitagala124
2012-03-28, 01:55 PM
H4 is for long term trading and also it gives you more pips.But it is advisable to close your trade when you have got enough profit and might be in your greed you lose the gained profit
darksaimon
2012-03-28, 01:57 PM
I such like M15 and M30 charts because i don't resource my trades unsettled for lengthy and also my take profit is flyspeck same 5-10 pips so these tf are surmount for my scalping style strategies.
Nabi Ahmed Gill
2012-03-28, 02:01 PM
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.:respect:
main zida tar h4 and i daily wala chart used karta hooon main zida time frame wala chart use nahi karta zadia frame wala chart used karna sa market ka pata nahi chalta q k market both tazeee chalti ha our is tara kam time frame used karana chayia
the best time and the best opinian for the forex trading use.
i think 15m and 30m is perfect for scalping....i am scalper so usually trade on this chart....and chart is helpfull acccording to our trading style....d1 and 4h is helpfull too day trading.......
generally I ..use 15m,5m chart for the analysis ..because i am quite beginner so i use scalping strategy ..so i usually trade on this time frame only...
Yeah,,,u r right,,,mein bhi scalping kartaa hu to mein 5M , 15M ,chart use kartaa hoon...but jab long term trading karni hoti hai to mein 1D,,1h,4h...use kartaa hoon..and u said right all depend on trading style
Scalpers should use the 15m or 5m chart for better analysis and we shuldnt use 30m chart for scalping..and generally its depended on the our trading style...and knowledge...which to use?
rakesh
2012-03-29, 12:22 PM
as i always trade with scalping so i use 1m,30m,15m chart for analysis....but sometimes i use 1d chart for past movement of trade to decide to place order of individual pair
I often look on 1 minute chart as it tell me about support and resistances for my very short term trades - i also look at 5 minute chart time to time to ensure i am trading in right direction and this help me most of the time to make few pips in every trade in few moments itself.
anchitkole
2012-03-30, 06:19 PM
I am more comfortable trading with the H1 and M15. H1 usually I use to see the trend going. whereas, I use the M15 to the entry point. for TF is less than M 15, we will find a lot of false. M1 moreover, is very risky.
dimdim
2012-03-30, 06:21 PM
timeframe depends on the trading style ,4 hours allows you to analyze the underlying trend, 30 minutes short-term trends , 15 minute trends in the medium term and 5 minutes or less is the best timeframe for scalping .
I really like the chart in the H1 TF. because it can give a trend going on that day. I always combine with M15 TF. to enter the market, I use the M15. whereas H1, as the reference trends.
rahul
2012-04-03, 01:22 PM
chart type use karna trader par depend karta hai. scalper trader small tiime fram ka chart use karte hai or long trader long time frame ka chart use karte hai.
or chart main to mere hisaab se almost trader candlestick chart hi use karte hoge. ye chart acha hai reading main.
mein H1 chart use karta hu trade karne ke liye, coz this chart is very useful to determine the trend and very much easy to understand the movements, along with that i also preffer M15 for scalping and D1 for swing.
ritesh
2012-04-05, 01:26 PM
ya every chart has its own advantage.just you must have knowledge about the chart that in which situation differnt chart must be used.its also depend on the type of trader
newentry
2012-04-05, 10:06 PM
although i am a scalper and only need a little pips as my target but i need to know all condition with using all time frames for my trading, so i do not want to let and leave one of them, i need to know the trend and i need to know the entry point too then for this condition i need to use high time frames and also the smaller ones
sinaga
2012-04-05, 10:11 PM
very true friend. we must know the direction of the market trend before we decided to open a trade position. market trend is that most determine where prices will move next. and if we fight the market trend, we will quickly be at a loss. we have to follow the trend of market prices to make profits on our trading.
sspences88
2012-04-05, 10:27 PM
mere khayal me to 1H,30M and 15M chart ye best ha lekin ma 1H chart use krta hu ye mere hisaab se sb se best ha ku k hm is chart me ek achi or daily ziada trades kr skte ha ,or otna hi profit ziada hoga hme.:)
I think all the charts are useful, we don't have a single chart that is useless. But every chart has its own uses, advantages and disadvantages. If a chart is useful for long term then we can use it for short term and if a chart is useful for short term then we can't use that for long term.
Yes, I agree with you, every chart is important and used for it specific purpose and type of trading. Generally for long term we have hourly charts and for short term trading we have short time interval charts.
waqarme2
2012-04-06, 02:04 AM
i never study any chart so i dont know about any chart but i want to know about it because it will help me in thenext coming work projects and it will be beneficial also.
girish
2012-04-06, 01:32 PM
Yes, I agree with you. I think Day chart is more useful in forex trade. 1H or 4H are also very important and useful charts. I trade with these charts as I can clearly determine what my next step should be in forex with them.
ritesh
2012-04-06, 10:08 PM
the best chart for day traders from my opinion is the 1H with the assist of the 4H time frame
also you can use the daily chart to know an idea about the volatility expected & the main trend of the month
tashnotashi
2012-04-06, 10:10 PM
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.:respect:
main to sahi baat ha k sab time frame chak karta hounn kioun k es se mugh ko wazey pata chalta ha k kiya karna ha buy karna ha ya sell es liye maib sab time frame chak karta houn
it depends on the strategy you like or you try
for me, as being a day trader, I think that the 1H & 4H frames are the best for me
may be the 30M also helps me sometime
but the main one is the 1H time frame
My dear friends I am a scalping and day trader so I use M5, M15 and M30 charts only because I am a part time trader I dont have a long time for trade I believe on short term trades.
limayasmin
2012-04-07, 11:44 PM
The chart you are using currently using is ok for trading. Without this You can use day chart ir 4h chart as well. They are sometimes so effective. So better try all by trading situation.
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.:respect:
sabutkelaparasaduren
2012-04-08, 12:02 AM
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.:respect:
Most often I use a 1h chart. I use to read the ongoing trend. meanwhile, to be executed I would use the 15m chart. 15m for the chart are not too many indicators repaint. besides, I do not often use the chart 1m and 5m. movement is too fast and unpredictable.
ashwini
2012-04-08, 12:22 AM
for scalping ke liye 15mnts and 30mnts chart best hain.. instead of 5mnts or 1mnts.
and day trading ke liye 1hr, and 4hr , daily chart best hain
jab ki swing trading ke liye.. 4hr, daily , weekly chart bahut faydemand .hain.
ab yeh app par dpend karta hain. ki app ka trading style kaise hain.. aur ussi time frame ko follow kare..
Powered by vBulletin™ Version 4.0.8 Copyright © 2025 vBulletin Solutions, Inc. All rights reserved.