a thorough analysis of bigger time frames is quite good to make a right order. but for short-term trader or scalper i recommend to use time frame m5 and m15. and I'm sure your daily merchant.
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a thorough analysis of bigger time frames is quite good to make a right order. but for short-term trader or scalper i recommend to use time frame m5 and m15. and I'm sure your daily merchant.
The best trend to follow is the right to form a good formal and well informed channels that we work with and for that there is a proper well channeled choices that we work with the value fo informations that we are able to level down is all channeled to the right trading formations that we see in forex
trader ko sahi trend ko dekh kar hi trading karna chahiye trader ke liye sahi rehta hai sahi trend ke sath trader ko result bhi sahi milta hai trading jtna ache se karte hai trader ke liye utna hi sahi rehta haiQuote:
Originally Posted by dareking
waisy tu hamay strong trend ki base per hi market ma kaam karna cahiyay bhaiya g , hamy pahlay market ko achy sa samjhna cahiyay aur phr jis tarf market ma trend ho us trend ma hamay trade ko place karna cahiyay .:)
Trader should follow higher time frame trend because this is the bigger picture of the market and if trader understand the bigger picture then trading is very easy for them and they can do well in trading business.
hanji forex trader ko strong way se agar market me trend ke baarein me pata chal jaata hai to uske baad he apna order open karna chahiye,yahan par trader jetna jada trend ko samjhenga uske liye ye business utna he achha hai..Quote:
Originally Posted by naziakhan
I think the strategy is different from each other traders
and I'm sure your daily merchant
and it can not be equated with the merchant who like scalping
but we had to confirm the trend in h4 so that we do not fight the trend
All I know is that you are better off with trending market. Just look for good indicators in a trending market and you are good to go.
It's very risky to use m5 and m15 for trading I think you should always use h4 chart as it is the most trust and worthy chart for technical info
I used to analyze h4 and Daily time frame chart and then cross check with weekly and Monthly chart then i used to place my orders using stop loss and risk management plan
Bhai yaha par kisi bhi tarah ka trend ho agar humne usko pakad liya hai to acha hoga ki hum trade le aur profits lekar nikal jaye, yaha par jayda der apni profits trade ko hold karna kafi baar jayda risky ho jata hai bhai.