malik Posted July 2, 2014 Share Posted July 2, 2014 @NikhilFor lasting trading you can't use 5M or 15M chart cause it will be quite dangerous. But I feel trading with scalping strategies is incredibly dangerous result in we won't make prediction how marketplace goes and when in some cases when it goes sideway we do not have ample the perfect time to Slash reduction and could make us loss a large amount. Quote Link to comment Share on other sites More sharing options...
kaito kid Posted July 3, 2014 Share Posted July 3, 2014 Time frames that we use in forex trading differs, there is no best time frame whatsoever, if you are trading long term, then you will consult longer time frames like 4 hours and above, and if you are a scalper, you will use the smallest time frames of 5 minutes, 1 minutes and 15 minutes. Quote Link to comment Share on other sites More sharing options...
budado Posted July 11, 2014 Share Posted July 11, 2014 On regular basis I usually use four hours time frame. This is really good to make me do long term and same time short term strategy. I really do believe that I can handle my trading account and make me earn some profit in here. I'm so sure that in two to three years time I can really master my trading strategy using the same lot size and the same time frame and the same strategy all over again. Quote Link to comment Share on other sites More sharing options...
Decub Posted August 3, 2014 Share Posted August 3, 2014 I prefer H4 and it is the best for me. Sometimes, I want to try trading in a very short time frame but I still see it as that which beats the way I want to trade in Forex. One thing any trader should always strive to do is to understand which time frame is best for him. Trading in longer ones though seem fine but it doesn't doesn't stop the short term traders from raking in their profit. Quote Link to comment Share on other sites More sharing options...
rexway Posted August 4, 2014 Share Posted August 4, 2014 I love 1H time frame because its a long term time frame which I can trade with, I dont like trading in the shorter time frame because I cant really follow up with the fast volatility Quote Link to comment Share on other sites More sharing options...
Stekin Posted August 8, 2014 Share Posted August 8, 2014 I like to trade in very short time frame because of how fast it will enable me to make profit. I prefer scalping even though that it is very risky and why is because I can make profit from scalping and finish every thing that I'm doing on it within one hour and go my way. Quote Link to comment Share on other sites More sharing options...
rexway Posted August 8, 2014 Share Posted August 8, 2014 Shorter time frame are good for newbie thou I count 1M chart away because in forex trading all that I need is nothing but how to trade with knowledge and skills so its good to trade in the higher time frame than the lower once Quote Link to comment Share on other sites More sharing options...
budado Posted August 9, 2014 Share Posted August 9, 2014 I use 4 hours time frame as my major time frame in doing analysis. But in term of following the trends I do use 5 minutes time frame. Especially if I'm doing scalping. So far so good that I can still manage to earn 5% profit each month. Its just a matter of time before I can make big income. I'm so happy that in two to three years time I can really make big with what I have. Quote Link to comment Share on other sites More sharing options...
standart Posted August 9, 2014 Share Posted August 9, 2014 any traders use different strategy. some implementing scalping technique, while some others implementing long term technique. which lead them to use different time frame as working frame. scalper will use small time frame chart, while long term traders will choose to use high time frame chart. Quote Link to comment Share on other sites More sharing options...
budado Posted August 12, 2014 Share Posted August 12, 2014 I just open a one day time frame just to check the over all picture of 3 years trading history of the pair that I'm trading. Just check aud/usd if theirs interested. Just imagine that in the last three years if you are going trade from support to resistance and then from resistance to support level. The cycle of of pair is really making you a huge income. I'm sure if you have a big trading capital you can be dead rich. Quote Link to comment Share on other sites More sharing options...
rexway Posted August 13, 2014 Share Posted August 13, 2014 For me 1h is still the excecellent time frame which any trader should always start from for me right from the first time which I come to forex i think that I do my best and improve myself in this business of forex. Thou my sister trade with weekly time fram as she normally busy and hence making big profit Quote Link to comment Share on other sites More sharing options...
tray22 Posted August 15, 2014 Share Posted August 15, 2014 My favourit time frame is always the 1hour chat and when I do analysis in this time frame I always feel so comfortable to be sincere but anything less than this I always consider it nano for sure. Sometime its can be tough to trade that way Quote Link to comment Share on other sites More sharing options...
Stekin Posted August 17, 2014 Share Posted August 17, 2014 The trader should be able to find the time frame that he or she will see as effective and make use of it. I like to trade on the m15 time frame and sometimes, I will trade in the higher time frame. Choosing time frame is the most important thing in forex. Quote Link to comment Share on other sites More sharing options...
CahCuncun Posted September 10, 2014 Share Posted September 10, 2014 in choosing the time frame in forex depends on each trader. if he's a day trader then it would be better if the trading time frame using M1 to D1. because my daily trading then I would prefer to trade with H1 Quote Link to comment Share on other sites More sharing options...
my name Posted September 10, 2014 Share Posted September 10, 2014 dear if we have proper knowledge about the forex then we can select any frame to trade and there is no loss for us .professional trader always earn profit because they know how to recover loss if they loss some investment. Always analysis market first then set order. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted September 11, 2014 Share Posted September 11, 2014 My favorite timeframe is chosen according to the trading system i'm currently testing. Usually the formula has instructions from previous test that give the most profitable settings. H1 is the default for Meta Trader 4. Quote Link to comment Share on other sites More sharing options...
myregister Posted October 20, 2014 Share Posted October 20, 2014 There are 4 favourite time frames. 1st M5 which i use to take position during high impact news, 2nd M15 for more longer view. H1 for longer view too especially when i use technical analysis(ocassionaly but not often) and the last is H4 frame. Those covers short and long term trading. Quote Link to comment Share on other sites More sharing options...
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