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.
Printable View
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 trade
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.