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.
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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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.
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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.
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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.
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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.
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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
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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