Different man has different strategies and they follow different trend. But, I actually do not follow the trend.I follow the news.But, I think the four hours trend is most vital/important for scalping.
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Different man has different strategies and they follow different trend. But, I actually do not follow the trend.I follow the news.But, I think the four hours trend is most vital/important for scalping.
if anyone wanted to scalping he must use less minute chart like M15 or M5 but when someone trying to catch the real trend then H4 orD1 will be perfect for him ..i think weekly trading can brings a very good result for anyone ..but we really can't control our self form trading ..i can surely say that there is hardly few traders who are targeting for weekly tradeQuote:
Originally Posted by pinpin
these day market goes down due to economic and political problem in different country so i suggest to you open trade for sell for all currecy but be sure market may come stable soon
I think scalper are follow the 5M or 15M chart, day trader are follow the 1HR or 4 HR chart and long term traders are follow the 1D or 1W chart. I am a day trader so I follow the 1HR and 4HR chart and make a good profit.
Most expert trader say follow the trend. I also think follow the trend is most important for trader. If trader find good trend then they should ride the trend and go with the trend.
Right you say mostly traders use long time frame to determine trend and many traders use daily or 4 hrs time frame to determine it and mostly price greatly affect through it.
We can find strong trend only on high time frame like 4 hrs or 1 day time frame.Its better to use strong trend rather than short trend as basically it got breakouts and reverse.
Right trend can be found on every time frame but that trend is weak or medium for finding strong trend you should move to large time frame like 4 hrs or daily.
Survey the trend present spring many profits to traders. I also recitation this trading strategy using EMA50 in M15, H1 and H4 period build. Study in this timeframe module cogitate me the overall trend in market change.
sab kuch depend karta hai app kay apna trading style parQuote:
Originally Posted by arjun
for a scalper par kay woh kia see the trend karta hai the h1 and entry in m5 or m15
I think 1m is best for short tread. I always use it when I tread. I don't know its good for everyone. I just think it is the best. I also use 5m and 10m. But 1m is more comfortable.
main to app ko yahi kahoun g a k ye app k experince par he depend karta ha k k app kon si trand ko follow karo buy karo ya phr sell karo dono he app k liye bast hane ager app ko forex trading ka experince ha toQuote:
Originally Posted by arjun
Good traders do well with any trend regardless of whether it is bullish or bearish, but it is also true that many are like me who dont feel comfortable with bearish trend and are habitual to buy first and then try sell at higher price, so i feel more comfortable when it is bullish trend.
as we all know that in this market we only get few trends which always give us right profit i must say that we must have to follow the right trend which we will get by using indicators and news.
In my opinion throughout scalping. It is because I'm more at ease with this particular dealing variety. I could assure constant earnings by way of this dealing style. Although earnings come in a lesser amount of sum, we are able to very easily produce very good earnings throughout constant time frame. And so i consider scalping is more far better.
mere liye koi secipic pattern nhi hai ki usi ko follow karu isse kabhi kabhi profit bhi milta hai aur kabhi kabhi loss bhi islye main koi particular trend follow nahi karta huQuote:
Originally Posted by golpo20
I think we can enjoy our trading so we know exactly what we do in this market then we must have confidence in our business and especially in our strategy has already provided it is experienced and profitable. So in this case I'll tell you that this is the best way to use to understand the market trend.
sorry my dear friend i dont understand that you are talking of which trend/
and i think all trend are good to be follower if you are able to identify them other wise you will be in loss as i am.
main to sabhi time frame ue karne ke baad hi koi trade open karta hu isse koi confusin nahi hota hai kyuki isse ek clear view mil jata haiQuote:
Originally Posted by Shams_2
it depends on the deposit we have in our accounts, if we have large deposit then we should have to follow the long term trend and if we have not so much balance then we have to follow the short term trend with low volume trades
I guess everything is beneficial, either uptrend or downtrend, as long as our position in accordance with the trend, then we will be able to produce a satisfactory profit, as many traders are advised to keep continue follow the trend.
So far as I'm anxious, I believe it's going to be a good choice for us that you follow however long it takes development in fx. The particular very long development can grant you the principle development path. But whenever we get into this market, I believe it can be beneficial to you to test the particular temporary development generally there.
it depend on the type of trader you are,there are intra day, swing, scalper trader, then you can determine the time frame you want to trade with, but for me i trade the 15min and 1hour time frame
usually i do scalping so i only trading based on the m30 , m15 charts...becoz due to beginning times of trading i usually performing in the short term trading
Upward trend and downward trend analysis kerna hi sub se bari baat hai agar hum iss ko analysis ker lain tu oor kiya chaiyaiy but it is difficult, however Gold is the best to trade and I also love to trade in it.
Some time difficult to analysis the trend then I wait for some hours. I prefer to trade in candle stick strategy and moving average. everyone can take easily daily profit from the help of this strategy.
May be you are right and you can easily understand this chart but as per my opinion most of the traders trades in H1 chart when they want to trade for long term, if they want to trade for short term then they use 30M chart. I also use 30M chart because it give me good result for daily analysis the correct trend of EUR/USD and GBPUSD. This helps me to get a consistent and continuous profits.
yes many a trader may make these pairs according to what they like and can he understand but what is clear we must continue to follow any trend because the key to trading with accurate analysis on the trend in my opinion only
Then let me help you. First look at the D1 chart to determine where price is headed. This is the long term trend. Next look at the 4hr charts to find out where price is headed - This is the short term trend. If the short term trend and the long term trend coincide, then you are sure of the immediate trend of the market. Then check the 15 mins chart to find out what price action is doing. If the price has moved counter trend and is ot moving back in the direction of the overall trend, it is time to enter a trade. Make sure you get a confirmation signals from your indicators.l
In relation of trends to timeframes, the trends on the larger timeframes are more reliable. Although corrections might occur on the lower time frame we need to also watch for signals of trend reversals. Notably, most trend reversals are caused by fundamental factors and not technical indicators.
Do not everr use m5 and m15 for trading,I think you should always use h4 chart as it is the most trustworthy chart for techncial studyQuote:
Originally Posted by arjun
I used to follow h4 chart and then cross check with day1 chart then i used to place my deal.
I think m15 is the best trend to follow for any trader who prefers doing short term trades or Intra day trading as he can keep his trades open for few hours and perform them accordingly after considering m15 chart .
I used to follow h4 chart and then cross check with day1 chart then i used to place my deal and a thorough analysis of bigger time frames is quite good to make a right order.
Different traders have different styles of trading and different profit target so they choose different kinds of trend and follow them for their trades. Long term traders use long term trends and follow them and short term traders follow short term trends.
I think there are few shortcomings that I need clarification here. trading with m5 or M15 I think is not a mistake. The scalper would love to use this time frame because of its speed in getting the profit. maybe you mean is to use both in predicting the trend.Quote:
Originally Posted by belkhayat
1 hour aur 4 hour ke time frame sabse ache maane jate hai lekin support aur resistence dekhne ke liye 15 min aur 30 min wale time frame ache mane jate hai
long term trading ke liye 1 day ka time frame aur 4 hour ka time frame acha rehtah aui
I strongly support your opinion, maybe he has not experienced in forex, so he did not know how to transact on the time frame 1 M,.
I often use the time frame 1M , if market conditions are sideways so that I no worry if there is a big trend
yes., sometimes scalper forget about money management they are only chasing profits with the hope to get much profit with a single shot, they want to get the pips are small but want to earn big money that is by increase the volume size of lots, and it's very risky because sometimes did not noticed to trends with big Time frames, they only look at small TF
In relation of trends to timeframes, the trends on the larger timeframes are more reliable. Although corrections might occur on the lower time frame we need to also watch for signals of trend reversals. Notably, most trend reversals are caused by fundamental factors and not technical indicators.
M15 is a best chart which can be used for short term trend of any pair. while H4 is a chart which shows you a long term trend. From this if you like to trade short term then go for M15. If for long term then you should go for H4 chart.