Is it easier to trade higher or lower timeframes using TA? | Forex Factory

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Is it easier to trade higher or lower timeframes using TA?

  • #1
  • First Post: Feb 25, 2016 2:45pm Feb 25, 2016 2:45pm
One of the main principles of technical analysis is that the 'trend is your friend' and that, much like an object under Newton's third law of motion, prices are likely to continue moving in the same direction until an external force acts on them and causes the direction to change.

This would suggest that lower timeframes would be easier to trade using the principles of Technical analysis, since there is less chance that a trend-altering event will occur in the short term. However, I've heard that the general consensus is that higher timeframes are easier to trade. Which of these statements is true?
  • #2
  • Feb 25, 2016 3:15pm Feb 25, 2016 3:15pm
Both are hard in their own way. Both are different. Range of the bars are different. Both do not really follow textbook technical analysis. Incompetent traders will lose money regardless of timeframes. The competent ones will make money regardless of timeframes. Focus on your forte and trade that.
  • #3
  • Feb 25, 2016 3:22pm Feb 25, 2016 3:22pm
I'm just watching my two screens. Day in and out:
http://abload.de/img/watch35bsu.png

With that you can do trade any style.
Your brain will start noticing much easier any market movements, price action and pair(s) behaviour.
  • #4
  • Feb 25, 2016 8:54pm Feb 25, 2016 8:54pm
Quoting The-Flipper
I'm just watching my two screens. Day in and out: http://abload.de/img/watch35bsu.png With that you can do trade any style. Your brain will start noticing much easier any market movements, price action and pair(s) behaviour.
how you trade using only number?
is it like this morning is +0.5 % and in noon it go to + 0.8% then u long?
  • #5
  • Feb 26, 2016 1:12am Feb 26, 2016 1:12am
Quoting warbee
{quote} how you trade using only number? is it like this morning is +0.5 % and in noon it go to + 0.8% then u long?
Just do it and you will see it's more effective than staring at charts.
I just call it the Matrix.
  • #6
  • Feb 26, 2016 3:02am Feb 26, 2016 3:02am
Quoting Ponzi Jr
One of the main principles of technical analysis is that the 'trend is your friend' and that, much like an object under Newton's third law of motion, prices are likely to continue moving in the same direction until an external force acts on them and causes the direction to change. This would suggest that lower timeframes would be easier to trade using the principles of Technical analysis, since there is less chance that a trend-altering event will occur in the short term. However, I've heard that the general consensus is that higher timeframes are...
Short timeframes can be very unreliable. The moves are very random especially for the 1min,5min and 15min. My advice for you would be to stick with higher timeframes. The higher timeframes are stable and more reliable. And the other advantage of higher timeframes, they are good places to spot big moves that can gain you hundreds of pips.
Always follow the trend
  • #7
  • Last Post: Feb 26, 2016 4:44pm Feb 26, 2016 4:44pm
Thanks for all the responses. As an additional question, can anyone tell me where I can get an overview of the fundamentals surrounding each currency pair - and the main factors effecting their values?
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