Hahha check my article. I rephrased and edited. Largely traders check 4 hour for affirmation,,1 hour for setup and 15 minutes tf for entrance as it is . I leave about 1 hour tf on wavealert.Originally Posted by ;
Hahha check my article. I rephrased and edited. Largely traders check 4 hour for affirmation,,1 hour for setup and 15 minutes tf for entrance as it is . I leave about 1 hour tf on wavealert.Originally Posted by ;
So if I understand properly,
to generate a right call I need to analyze a a chart exemple: 4hr chart
need to test the 4hr chart and the daily chart, to perform the right entry point I need to go 1chart reduced therefore 1hr chart.
Thats how I understand the whole thread.
For Forex Currency trading I use low time frames like M30, H1! But for swing trading, I now use higher time frames like H4, H8 and Daily time frames! I believe, traders need to use a number of time frames based on their trading style.
Which trading platforms have H8? I've mostly used only MT4, which just has H4 and D1 time frames and no in between.Originally Posted by ;
I am also curious to know more about H8! No thought about this time period since I'm also using the Mt4.Originally Posted by ;
Maybe He's working with the Mt5! That is manner he can use such sort of time period!Originally Posted by ;
Really, MT5 have the choice for 8 hour chart however, your broker have to support it in order to work.
Fantastic Morning All.
Please take my apologices for possibly posting in the incorrect spot. But Did not see where to make a new post.
My question is, I am looking for 30-40 pips within 0-18 hours on the 1 hour chart. Is this the proper time frame to be studying or would it be better to be on the 30 second or 15 minute charts?
Thank you
The new thread button is situated at the upper right corner of the webpage. If it is not visible to you however it is probably because you are a still a newbie. It ought to eventually be visible after you create a few meaningful posts, I presume.Originally Posted by ;
For scalping; I'm using mainly M15. Even, sometimes I want to open my trades against the greater time frames like H1, H4.Originally Posted by ;