i think M1 is the best to entry in ther trade and then for long duration H1 is the best to check, H4 can be a also a one for long but H1 will be good
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i think M1 is the best to entry in ther trade and then for long duration H1 is the best to check, H4 can be a also a one for long but H1 will be good
I am using the M15 chart system as this gives a better understanding for the medium term trade orders which have to be executed on a particular market timings.
When the Intra day movements are narrow range this gives us a trend picture and we know whether to BUY them or to SELL them.
well every trader has it`s own choice right, mere kahyal ha k H4 charts kafi behter ha trading k leye because is terhan hum ko pata chel jata ha k market kis terf jayada move ker rehe ha, or pher hum seb ko pata long term trade kafi powerful hoti ha
i like the trend formed in 1hr charts.The trend will be strong and i will be able to predict correctly upto some extent.
even sometimes i will follow 4h trends also.
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.
it is not like not to use 15m chart for trends.Even i have seen trends in 15min chart and you can make 30pips like that.but i agree that shorter TF gives more false signals so always use higher TF for strong trends.
well i think its almost difficult to see trends in short time frames.how can there be a trend in 1m chart? and scalpers wont see trend at all.they will trade in all kind of markets.
trend will be strong only in bigger time frames like 1h or 4h.