Only the price on the chart can show the entrance to the deal...

- Joined Mar 2017 | Status: Working smart and hard | 2,949 Posts
This is not investment/trading advise. Will not hold accountable for loss
Use of lower time frames to confirm entry 5 replies
Which is better for gains? Higher or lower time frames? 19 replies
Which pivot points with higher time frames? 1 reply
1 Trend Line which plots accross different time frames 0 replies
How many time frames do you use? 15 replies
DislikedWell, you should work with daily time frame! Because, D1 is the most flexible time frame for trading, thats way from retail to pro all of successful Forex traders are mainly using this time frame! In other words, you may manage your entry point by using lower time frames like M15, M5! D1 time frame if for identifying market trend!Ignored
Dislikedit doesn't really matter at all which time frame you look at, or trade on, because the market is fractal in nature, and price action is the same on all the time frames, you just have to adjust your sl and tp to the current time frame you use, whatever that would be. as a rule, the larger time frame commends the smaller time frames. so for a directional bias you should use the larger time frame as your guide, then you can trade on any one of the lower time frames that suite your personal risk profile best, just trade on the time frame you feel most...Ignored
DislikedMaybe I am doing it wrong, but the false signals Ive seen on the 1-hour TF seem to happen more often than on the other short-term TFs, such as 30-minute and 15-minute ones.Ignored
Disliked{quote} It may depend on your trading strategy! May I know the name of your trading strategy please? I see, H1 is very popular time frame here! Even, when I do intraday trading then I mainly use H1 time frame, no objection at all! Time frame is related to your trading style and strategy!Ignored
DislikedIt is not really advisable for new traders to trade with very short frames like the M15. There would be too much price movement most of which are fakeouts hence the new trader will easily generate wrong signals.Ignored
DislikedI analyse my week using H4, analyse each day and make predictions on H1, and use M15 to get a good entry point. :-)Ignored
DislikedIf you are an intraday trader; then H1 and H4 are enough for you! But, if you want to make swing trades position then you need to work with higher time frames like D1, W1 and above! Basically, below H1 time frames are appropriate for the scalpers!Ignored