sab kuch depend karta hai app kay apna trading style par
for a scalper par kay woh kia see the trend karta hai the h1 and entry in m5 or m15
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sab kuch depend karta hai app kay apna trading style par
for a scalper par kay woh kia see the trend karta hai the h1 and entry in m5 or m15
I also have the same intentions as you but I don't want to make huge money quickly. It will take time, first I have to build my knowledge and experience and then I have to compound my account for bigger earnings.
i think 1hr chart is best chart for both scalping and day trader . because the movements in this chart stable and this help us to identify the true trend in forex . i always trade in 1h chart
Good traders can trade any trend, though some traders feel more comfortable trading a particular trend, like i feel uneasy while making sell trades and when market is felling down so most of time i stay away of trading.
each trader has a different trading styles and strategies are different too, if I was interested to follow the daily trend, I usually first observed asia market, Asia market that typically decline when the market will go to Europe anyway and tend to decrease the U.S. market will tend to follow anyway, if there is no fundamental difference.
I think H1 is the best for us to follow. Though its depends your working style. Sort time trader use M15, M30 and H1. Long trader use H4, D1 and other trends. I am use H1 time frame.
That would depends on what kind of a trader you are. After all, it would be downright silly if you are an intraday trader but following daily trend or a day trader following hourly trend.
I think ot relies upon on each of our trading style,for the scalper or hedger, they start to see the trend in the h1 and put trade in m5 or M15
although with the daily traders, they want to see the trend in h4 or daily, and entry from the M15 or h1
Following the trend is the way we making money,
Dont ever try to fight the trend..in forex we cant change or rules the market,so we must to follow the trend..
It is true that market has possibility of making money in both trends upwards as well as downward, but still many are happy with b ullish trend, market cheers up when it is in bulls kingdom and so i feel more comfortable with bulls.
it is actually depends on you that how you work and what is your trading style i will usually go for looking in h1 and entry in m5 or m15 and i am getting the good results out of it ,these are mostly used by scalpers.
ziada baray time frame walay trend ziada safe hotay hain. iss liay hum ko kam say kam daily trend lazmi daykhna chaheay. iss say neechay per jo trend hay wo sahi nae hoga.
man ye nhi manta jo time frame apke liye suitable ho use hi use karna chaiye aur rahi baat use karne ki to wo trader par depend karta hai ki wo long term trader hai ya short term traderQuote:
Originally Posted by styloo007
for me I depend mainly on 1 hour time frame , support and resistance levels , but when I have a position opened for more than 1 day , I check 4 hours chart and daily chartQuote:
Originally Posted by arjun
The best trend to follow is the trend of the Time frame you are using if you trade on the daily chart then the best trend is the daily chart trend if you are trading on the H1 chart then the best trend is the H1 chart
a trend which does hundreds of pips. you would have trouble to follow trend which goes up and down for a couple of pips everytime.
We can make money from both side. When i see market are on upside on that time i like to earn from bearish and when i see market on downside on that time i like to earn from bullish. I think everyone do this like me.
I am trading with the trends H1 maximally, to get most of the thirty-point for all open positions, but to determine the open position using M15 TF and SL for most of the trend plus M5 with six points for SL Sell and minus six points of the highest price of M15 , also took ten more points only to the trends H1 or M15 since it opened many, many times even though the M15 is an important trend and the trend is similar to H1 H1 is also used to follow the open position has been set on the M15, in this way can make more daily trading profits rather than using the D1, sometimes daily trend is up 15 points but fell again, and finally rose again, imagine if we had been riding ten-point TP only and has been profitable in three positions for 0.3 lots we're lucky to nine dollars and we can move it back again on the next trend in which the highest price if we buy and continue to benefit with minimal risk.
As a hardcore scalper, my trending is on TF30.
Entry best at TF5.
15-25 pips per entry.
Excellent traders will trade any trend although several traders sense easier trading a specific trend like i feel anxious whereas creating sell trades and when market is fell down therefore the majority of your time i keep absent of trading.
when I saw this really depends on each trader for each trader has their trade that they should follow in this business because I sometimes use short-term trend and long-term trend is to do the maximum and tradeQuote:
Originally Posted by sweetrevenge88
absolutely right, all styles of trading that we do in fact depend on the trader's own,Quote:
Originally Posted by didikebenaran
if the trader has it's own good faith of trading, then most likely he will find success in trading, be it short or long term trading
Those who are trading short to take advantage of bearish trend does not look every happy when market is falling, further only a little percent of traders is able to take advantage of downturn, and it is the bulls which spread joy among all the traders.
M15 may be a most excellent chart which might be worn for brief term tendency of any try. Whereas H4 may be a chart that shows you a protracted term trend from this if you prefer to trade tiny expression then opt for M15. If for future then you must opt for H4 chart.
Its depend o n a trader own style. Mostly traders analysis the 4H market chart and after its analysis the enter in 15M market. Its all happen on your mind but we have to confire the market trend in H4 chart.
All trends in forex trading which are valid can be followed by any forex trader. I know this and i choose to work on it in my trading of forex markets. trends are true tools to follow and increase your possibility of profits.
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.
meary bahe yeh tu app kay trading style per munhasir karta hay kay app log term per trade kartey ho ya short term yani scalping kartey ho. dono main bara difference hy scalper M5 say M30 tak charts ki satudy kar kay apni lots open kartey hain jab k long term H4 say Weekly cahrt ko fallow kartey hain. main apni lot laga nay phelay M15 chart say H4 chart ko study karta hoon H4 per conformation mil jalti trend ki.
i think 2 to 3 pips are not enough for scalping we just need to set at least 10 pips for scalping and also we need to be careful because we need much experience for the scalping in the forex marketQuote:
Originally Posted by Mr. Tukul
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
yes, i also have a notion like that. seems, in the forex is like we are climbing a mountain. to reach the top of the extra energy required and must be running slow. but to go down, get faster, because it takes no great effort. as well as forex, to move down, can move very quickly. especially if there is a negative reaction. If I observe, eu often experienced as such.
I am a day trader. 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. like tf M15.
Outstanding merchants may buy and sell virtually any trend despite the fact that various merchants good sense much easier dealing a selected trend just like i feel nervous whereas creating promote trading so when marketplace is droped down for that reason a lot of your time and effort when i preserve apart involving dealing.
Trend is Our Friend
We should analysis the Trend in the proper way and find the trend of that currency..!
Of course I think the trend is the same, any changes in the market could be an opportunity for us to generate a profit..!
it all depends on the trader,every trader has his/her own
style of trading ,i think the trend to follow is the 4 hrs chart for daily trading but for traders
who do scalping i think they should follow the 1 hr chart to determine their trade
we can megikuti trend in the market if we analyze the trends that have given clear direction, and can last in a long time ..
because of a trend in the market can also be ended, and we should be able to get in, and took a position at the right time ..
Quote:
Originally Posted by arjun
The various time frame give different traders profits and they show different trend. For short term trader, they can trade with short term trend, but long term trader can only trade with long term trend. I like to follow the 1hr trend most of the time, but it is better to know what is happening in the bigger or larger trend.
I also prefer to use a 4-hour time frame for my analysis, and I will open a position if I get a signal from my system in 4-hour time frame, and usually I can get a huge profit with a 4-hour time frame.Quote:
Originally Posted by assi
The best trends that a forex trader can follow is an existing trend in forex trading that we discovered by ourselves. After locating a trend, a forex trader now makes sure that we find a good exit point.
I think all the trends are best for us but we must have the proper knowledge about judging the correct trend. When we would be able to recognize the correct and true trend then we will not need any kind of knowledge and we will start earning a lot of profit from this business.