the 1hour time frame is very good for day trading but you also need to use the 15minute time frame and entry and exit signal. when you trade the larger time frame you trade with less emotion
the 1hour time frame is very good for day trading but you also need to use the 15minute time frame and entry and exit signal. when you trade the larger time frame you trade with less emotion
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.
That's right. Scalpers will prefer to use low time frames like M5 or M15 Time frame because they need to
make decision soon and they didn't need to look on trending movement because scalpers will trade when
condition was sideways. But for long-term traders, they took profits from trending so it will need higher
time frame like H1, H4 or D1.
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.
MarwanDalimunthe (2012-06-27)
the best time frame in forex is following the style of your trading..scalper will need to use small time frame while swing trader and long term trader will need to use big time frame..so choose which one is suit for your trading style.
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.
For day trader, I think it's better to use high time frame although it's possible to use low time frame when you want to make
decision. My opinion, day traders should use H1, H4 and D1 Time frame as main time frame for making decision because day
trader will make target more than 30 pips daily so it will need to know trending movement in every day.
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.
When new traders start trading a new trading system or technique, or start trading a new market, they often spend significant amounts of time trying every possible time frame in an attempt to find the time frame that makes their trading system or technique profitable. In contrast, professional traders spend about thirty seconds choosing a time frame (if that), even when they start trading a new market.
My article discussing the best chart time frame explains how and why professional traders are able to choose their time frame so quickly, and can save you many years (literally) of frustration, and a significant amount of money.
I think of which achievement is actually counted over a trader ability If your trader got experience in addition to know-how they can make coming from Foreign exchange trade. I think that time is not any component largely experience in addition to know-how is actually additional significant ti make money using Foreign exchange trade.
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 think 15M time frame is common for day trading. M1 and M5 is best for scalping trading. In 15M chat a trader can easily understand the true market trend and a 15M chart trend maximum time stay 8 or 12 hours as a result a trader can earn good profit to use 15M chart.
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.
Probably because usually it is continuation trend from london/ny season.Not to mention you ought to do this based on your own analysis.Because there I may see the entire motion of excellent prices and in addition simpler for me personally in order to analyze.
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.
Because I love scalping, the best time frame for me is the M5 timeframe, it is a good timeframe and you can see the movement very fast. and you can earn quick pips too using the M5 timeframe. so you must be alert at all times and think fast if you want to use this TF.
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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