hello..:peace:
here i want to know from senior memeber what is the best time fram to using
for trade??
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hello..:peace:
here i want to know from senior memeber what is the best time fram to using
for trade??
hello my dear friend, we do not confuse about it, all time frames are good and we have to know and learn all of them, they have their own function
i am a scalper but i use all time frames and it makes me get more information..and this is important for my trading, and i guess it is wrong concept if we use one of them as favorite
I think time frame depends of trader type. If you are a intraday trader then you can try 1hr or 4 hr time frame. If you want some pips quickly then you can try 15m or 30m. Actually timeframe depens of traders demand and type.
Different trader use different time frame in forex trading.Most of trader use 1 hour and 4 hour time frame.Actually,i use 4 hour time frame.I helps to select right cannibalistic Zigzag.
Forex trade time frame depend on your profit taking attitude like you are aggressive or passionate profit taker. if you think low marginal profit in short time and want low risk free trade then go for 15 min time frame.On the other hand, you have enough experience and have enough passion then observing market properly and following the latest market movement try 1 hour time frame. All key inside you.
Different time frame is different trader. I think 1h-4h even day time frame suitable for beginner or newbie trader.
Scalper trader chose 1-15m time frame. so, you decide what kind of trade choice?
i seem all time frame is best all trader. time frame depend your strategy. i always used h1 and d1. its my mind.
I analyze that the best time is for trading here from 8:00 – 20:00 for British pounds, Swiss francs and Euros 01:00 – 06:00 and 13:00 – 20:00 for yen (by CET time).
all time frame is suitable but the most suitable one is depend on the type of your trading as scalping or short term or long term trading i trade daily so i use the time frame 1 h and 4 hs