Yes scalping is very risky for every trader. And every newbies can loss their balance on this strategy. So avoid this strategy and use long term trading system. With long term you can trade with securely.
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there are three common trend in market. up trend , down trend and sideway trend. except sideways trend other two is very good to trade. so we need to avoid sideways 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.
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.
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.
M15 is a best chart which can be used for short term trend of any pair. while H4 is a chart which shows you a long term trend. From this if you like to trade short term then go for M15. If for long term then you should go for H4 chart.
I think that 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...
it depend on if you are daily trader or trade once per week or per month and also depend on your size of capital
if you daily trader you can follow up the daily trend on daily chart to know it,s direction then open hour chart and open
your positions with daily trend direction
and if you weekly or monthly trader you can use the big chart such as week or month chart to know the general direction of trend
which will open your trader depend on it
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.
If you wear a short term strategy, is more suitable time frame using h1. I also use h1 time frame to analyze and the M15 time frame for entry
it all depends on the strategy you use, if you are a scalper can use the M15 and m5 time frame
Yeah H1 and H4 are very good for intraday trading and you can also use these time frames to check the correct trend and once you know the trend you can use it on short trades.
Nice strategy.,.But also use time frame H4 and H1 to check main trend because the trends on M5 and M15 are not good enough and price can move against you anytime .
depends on our own trading call for a scalper, they see the trend in the h1 and accounting in m5 or M15 patch for the daily traders, they prefer to see the inclination in h4 or regular, and content in the M15 or h1.
haa...mein bhi scalping hi karta hoon...mein forex mein newbies hoon aur long term analysis nahi kar sakta ...so meri abhi learning chal rahi hai to scalping through hi paise kamata hoon...thoda experience hone ke baad analysis based trading start karna chahta hoon
i like to trade with scalping...as i want 3-6 pips in every trade..and also i use 1m,15m,30m chart for analysis...as i am newbie so i dnt hav much knowledge and cant able to make goood long term analysis...
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.
I think the most work out trading system mainly based on follow the trend. Now we as trader only need to know that the trend really exist there. Mainly the follow trend system will be not workout when there is a sideway and many trader start to believe the system not workout. i usually take a pinch in 15M timeframe.
main student hu or main bi long term trading karta hu.
lekin main daily chart ko follow karta hu. main demo account main scalping bi sikh raha hu lekin abi tak kuch achi strategy ni bana paya.
long term main MACD ke singal ko follow kar ke trade karta hu.
main to gi app ko yahi kahoun ga k app kisi ek time frame par bharosa mat kiya karo yeni k app ko chiye k app forex trading main rehtey hovey sab time frame ko chak kar k he koi trade open ki karo or han ye bhi zarori nahi ha k app sirf ek he trand yeni sell ha to ko he fellow na karo jo bhi app ko indecation mill rahi ho us ko follow karo chiye buy ha ya sell dono ko avail kiya karo thik ha
well me toolike scalping ..but its simple and easy to earn i mostly take m5 m15 or m30because hey are best suited for me but for gold i mostly take the m30 its very helpful
For me the best method of trading and scalping is more reliable because it is the best way to get easy money and I recommend you go this route to get to easily enjoy and I think that it is easy to get a quick strategy and use of technical indicators and reliable that will serve us well to be based and do a good trade.
This depends on your style of trading, some people rely on the daily trend of the price because it is more credible, and others depends on the frame or 30 minutes to 15 minutes for scalping, but I better frame because it is daily more credible and more respected by Price
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
which trends do you think is best for us to follow
forex trading main hum jab kam karta han is layia aj kal trend he yahi ha k mian both sara kam kar sakta hoo or main abpi abpn kame sa forex trading karta han of proict layat forex trading main tredns like karta ha trend main ana k layia is layai main tredn ko ghor sa dehakata hoon forex trading main
Keep one thing in your mind that scalping needs a lot of experience and you should be a master of technical analysis if you want to do scalping because a single trade without proper analysis can blow your account, as we use a very big lot for a short time in scalping.
Upward trend and downward trend analysis kerna hi sub se bari baat hai agar hum iss ko analysis ker lain tu oor kiya chaiyaiy but it is difficult, however Gold is the best to trade and I also love to trade in it.
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.
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.
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 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.
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.
i am fully agree with you . it fully depends on which strategy we are following.based on that, we follow the trend. but, it is always good to focus on at east h1 trend.happy trading
For my opinion , i think follow the trend is the best way to make profit and safe for us . And i often use dow theories and trend lines , channel to follow the trend and earn profit in this business . I have gotten good results by using those methods .