What timeframe do you use for trading?
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thread: What timeframe do you use for trading?

  1. #1

    What timeframe do you use for trading?

    And why?

  2. #2
    Junior Member Aitana2231's Avatar
    15
    I am using H4 time period for my trading as lower of this timeframe is brief period to trading in each day I just earn 2 or 3 trade in a day so H4 is suitable for me.
    This is great time period for me.

  3. #3
    Junior Member samu's Avatar
    10
    I agree that it's the very same data presented in different ways, however the way that data will be represented is going to be of less use to use to you based upon your trading style. That daily candle is not gonna do you much good if you're scalping at the shorter timeframes. In the same way, if you're a longer-term trader all of the sound you see at the sub-1h resolutions is not gont be of much help. Right?

    Personally I look to profit off the ups and downs at the 4h period. However, I also use D1 and H1 to assist confirm exit and entry. It's not foolproof, of course, but I have found that the more confirmations I can get at several resolutions, the higher the likelihood that I am getting out or in at the right moment.

  4. #4
    Daily and H4 to determine trend management. . .and H1 to time entrances. I really don't see the point in trading considerably lower time frames as it is harder to exploit short term tendencies. . .especially given corporate contest has access to up to date information. It's tougher for them to control Long-term tendencies, but they can really mess with the lower timeframe charts...I really don't want to play their match

  5. #5
    I draw the trends at weekly,daily, hourly charts and select my entry degree on lower frames. I use lower frames simply to observe if the powerful trend lines have been pierced.

  6. #6
    Junior Member snergle's Avatar
    26
    I Am still very new to FX, but I Enjoy Taking a Look at H4, and M15. I think timeframes are important to look at to know the leadership, but using a good entry is the most important thing.

    The longer your time the more leeway you've got with your entry level, and the bigger it will be the less room for error you have, if you're trading price action on M1 or M5 you're rolling the dice longer based on volatility alone.

    Another good way to tell if you're trading the suitable timeframe would be to assess the length of time your transaction was. Was this range of the identical order of size as your time? Is your yield warranted for the amount? Eg. Could you have exchanged 3 or 4 smaller transactions to get more profit using the identical interval (wrong entry). Hindsight is 20/20, I think you must build up a few months of backdata on your trading subsequently analyse it and see what works best for you personally.

  7. #7
    to be honest it would not function, it is really possible to see in which price lingers the most, or when supply and demand are in balance look where price is clustering....but that historical representation of where the market has been.

    Viewing deceleration/consolidation/ or supply nevertheless provides no sure fire way into the future however you are able to come up with a plan for each scenario and implement it.
    There's the details that provide hints,
    along with the flow that what you are saying provides sections to.
    Everything on the chart jobs, it's just a matter of choice.

    So, divide and conquer, go into the rabbit hole, whatever:
    I'd rather agree to disagree.

  8. #8
    Senior Member Strikersipk's Avatar
    201
    Lifes a Contest Pip. Like it or not.
    Life can certainly be challenging for certain, but still competing is discretionary. We aspire to be the best we can. Me, I like to stay on trucking along in my benign style, I find existence (and trading!)) Less stressful and more enjoyable like this, and believe me I've experienced both.


    Let's not get too deep and meaningful with this lol.
    Great call!

  9. #9
    Senior Member layunny's Avatar
    195
    Hehe, I'd be worried if I thought you were serious with this remark!

    There'll always be someone better or worse yet last time I looked it was not a competition!
    Lifes a competition Pip. Like it or not. Let's not get too deep and meaningful with this lol.

  10. #10
    Senior Member Strikersipk's Avatar
    201
    We get what we want from the markets. Some people are happy with peanuts. No ones .
    Hehe, I would be worried if I thought you were serious with this comment!

    There will always be someone worse or better but last time I looked it wasn't a contest!

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