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D1 and higher

Member Since Jan 14, 2011  36 posts koval Jan 10 at 12:53
Same time ago i have try to trade on m5 and m15. than i need to sit all day with charts. Im thinking if market is same ona m5 and d1, why not do exactly same but on D1. D What do you think about it? Do you know some one who is doing this?


Member Since May 11, 2011  202 posts xgavinc Jan 11 at 14:43
I trade H4, it's a good balance for me.

It all depends on your trading style and plan, if you have a 9-5 job I would not recommend a time frame lower than H4, if you sit in front of the screen all day, no more than H1. If you manually trade you should be using all (or most) time frames to make trading determinations (at least 3 comparisons, like H1, H4 and D1 for example). Some traders only use MN, but I consider them to be investors, not traders.

You cannot scalp a H1 and you cannot swing or position trade a M1

Hope that helps you decide.

For every loss there should be at least an equal and opposite profit.
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