I'd be interested to know whether, with nearly 3 years additional experience, clockwork and some of the other posters have changed any of their views or whether they still think the same way.
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DislikedWhy? For example what use is an H4 chart to a scalper, or an M1 chart to a positional trader?Ignored
DislikedYou can't say one time frame is any better to trade than another, it's all down to performance and to a certain extent personal preference.Ignored
Dislikedthere's nothing to stop an M15 chart trader from leaving a trade to run for those 300-pip moves you mentioned.
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DislikedYou might say why move to the higher timeframes? Because those 80 pip moves that you enjoy on the smaller timeframes can be 300 pip moves in the higher timeframes. I don't hate on folks who trade on the higher timeframes at all....more power to them. I started out in the lower timeframes.....collected a lot of data, and now I am stuck with that decision. I would have to collect a whole lot more data before I start tackling the higher timeframes.Ignored
DislikedI never said one timeframe was "better" than any other timeframe.Ignored
DislikedSince I trade the "lower" time frames I might be just as happy taking an 80-100 pip move because I can more easily see the support/resistance area with the amount of data available in the small timeframe window. Make sense?Ignored
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No, not really. You can zoom out of a short term chart to get a broader view if you need to, and if that isn't enough then flip over to a longer time frame if it's more convenient, you're going to be looking at the same thing just more of it and with less magnification.
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DislikedI must have misunderstood then, you said "I think it is very smart to trade in higher timeframes......personally I think a trader should master all timeframes.", and then you called the transition from shorter up to longer time frames "evolution", and then said that you were "stuck" with your initial decision to trade shorter time frames as if you somehow regretted that decision. Sounds biased to me!
No, not really. You can zoom out of a short term chart to get a broader view if you need to, and if that isn't enough...Ignored
Dislikedfor a thread that started out interesting this has certainly gone down hill fastIgnored
DislikedTroikaone...
I think you missed my question... please, can you tell what time frame are you using?
Thank you.
http://cdn.forexfactory.com/images/misc/progress.gifIgnored
Dislikedfor a thread that started out interesting this has certainly gone down hill fastIgnored