yes for 20-30pips 1h charts are good,but even 15mins chart also give good signals.it depends upon market volatility.some times in 1h only 20pips movement will be there but some times 100pips will also be there.
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yes for 20-30pips 1h charts are good,but even 15mins chart also give good signals.it depends upon market volatility.some times in 1h only 20pips movement will be there but some times 100pips will also be there.
no there are lot of false signals which arise in small time frames.So we cant get more accurate signals in smaller TF.
so the bigger the timeframe the more the accuracy of signals and direction of trend too.
I anticipate you should consistently use h4 blueprint as it is the a lot of accurate blueprint for techncial study. I acclimated to chase h4 blueprint and again cantankerous analysis with day1 blueprint again i acclimated to abode my deal
I think it depends upon the various market trends as in scalping,one have to adopt the small time charts but yes if you want for a long term investment,its better to study the indicators charts in long time period.In momentum market,one have to be little aggressive and in volatile market,one have to be defensive in nature.
One of the biggest advantages of trading the higher time frame charts is that they act like filters of price movement. The forex market has such high daily trading volume, that the lower time frame charts contain what market technicians refer to as noise. The noise of the lower time frames is basically just price movement that is so erratic that it cannot be reliably used to make trading decisions.Quote:
Originally Posted by yaar
I think the 4H trend is the best to follow in the trading should be triggered by using the 1H or 30 min timeframe. I think this will be the most profitable trading cause daily trend is represented by 4H timeframe.
when news had come out with actual high impact for the market was very helpful ..
and it would make a lot of movement in the market charts, because that's the actual trend ..
while scalping i use 30 min time frame direction and than trade on 5m in the direction of 30 min. and in for day trade it's better to first match 4hr. and day timeframe and than trade on 1hr.
Yes, the trend must be a friend to walk in the direction of this but in case of long transactions, for example, that last day. As for those who love the daily deals that last for hours and sometimes only minutes, do not rely on the trend in trading subsidies and shrines important because the target is a little .....
We need to go for the trading with the patience and also we have to go for the trading with the news s that we can be winner here and can make lot of money here .also we have to go with analysis.