I am a day trader and like tf M15. I am very comfortable trading with H1 tf. tf This will show us the daily trend is real. whereas, the smaller trends that I use to make decisions entry point.
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I am a day trader and like tf M15. I am very comfortable trading with H1 tf. tf This will show us the daily trend is real. whereas, the smaller trends that I use to make decisions entry point.
also the large time frames are easy to take action on quickly and easily like in terms to open or close a trade, if we use the small time frames then we get confused and might be in hesitation and doubt's we start closing trades or getting out of it
as i observe since last three months market is going down and consistently as per time period so we have to follow sell trend mostly
it is very difficult to analyzed a process and wait for a few hours or better time. I prefer wooden stakes and moving average strategy. Everyone can profit from this strategy, the daily contributions.
A while ago, it is very difficult to analyzed a process and wait for a few hours or better time. I prefer wooden stakes and moving average strategy. Everyone can profit from this strategy, the daily contributions.
To be sure that will in each and every TF creating each and every pattern. think, Which usually developments think is the most suitable for people to adhere to? will be very strongly relevant to sort dealers. yet possibly there exists one more speculator who have a viewpoint
basically a trend following trading pattern that I think is not easy. because every trend it is very difficult to be analyzed. because the trend there is definitely a point where the trend will turn around, or the trend will be corrected and continue the trend. all of it is very difficult to really properly analyzed. must therefore learn to analyze trends well.
its depend on our strategy, long term, short term or scalping. if we use long term trading then we should follow big trend like daily or weekly trend. if we trade short term we can use 1H or 4h to determine the trend. and if we scalper, i think we dont even need to determine the trend because we take every pip we can get in very short time.