DislikedHello there
Could someone tell which time frame should I use for the main direction - I am a day trader and I am getting confused as to which time frame to use - I know I should use 1mn chart for my entry but to get the main direction is a bit tricky.
Thank you in advance
FloIgnored
Decide what is your favoured t/f from which to enter the market, go down by a time factor of 4-5 that is your 'trigger' t/f...and go up by a factor of 4-5 , and that is your 'trend' t/f....for eg 1m-5m-30m or 15m-1hr-4hr t/f combos if less experienced.
G/L
ex member