Resolved Question
Please what is the best time frame to use in Entries?
Good day my fellow traders...am always confused with time frames for entries,i always miss a big move due to the time frame i use,now can you guys please help me on this. Please what is really the best time frame to use in entries?
All suggestions will highly be appreciated
about 1 year ago
Best Answer - Chosen by Asker
I would suggest keeping charts open on multiple time frames for your analysis. You can take a look at the 4hr or daily charts to distinguish the overall trend and other potential chart patters, while zooming into the 1 hour, 30 min and 15 min charts to find the best possible entry point.
Of course, if you were scalping, you may like to use the 5 minute chart to find those intraday support and resistance points.
about 1 year ago
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Answers (1)
Hi. It depends on what kind of trader you are. If you're more of a scalper, then the best time frame to use for entries would be the 10 or 15 minute time frame. But for an intraday trader like me, I like using the 1 hour time frame a lot for my entries. You can also the use the 1-hr chart or 4 hr chart for swing trades.
about 1 year ago
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ForexEA
Here is article about pros and cons of each Forex time frame http://pipburner.com/pros-cons-of-a....
Recommend for every trader.
24 days ago
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