Trading in lower timeframes
Mitglied seit Mar 17, 2021
494 Posts
Aug 11, 2021 at 07:59
Mauk posted:
First you need to understand what style of trading you have and what strategy, and then draw conclusions.
I agree with you.
Aug 11, 2021 at 10:59
Mauk posted:
First you need to understand what style of trading you have and what strategy, and then draw conclusions.
That's right, you should also test your strategy in the demo set up just to be double sure
The more your practice, the more you learn.
Aug 14, 2021 at 20:08
AurelieFrancis posted:
Scalpers mostly use lower timeframes because of quick profits, but it is also risky trading with lower timeframes since most of the trade is like gambling.
at first i would have said you are right but after learning a lot more it would depend on how you describe scalping traders, see i now am what you would call an intra day trader and only trade London and New York sessions. with this i drop right down to the 1 min chart to find my entries to keep the SL tight. it could be looked at as scalping but in no way am i gambling
Aug 16, 2021 at 07:47
croisssan posted:ele020 posted:Mauk posted:
First you need to understand what style of trading you have and what strategy, and then draw conclusions.
That's right, you should also test your strategy in the demo set up just to be double sure
Absolutely right! this option will really increase the trader's chances of making a profit.
Hey Croisssan, than you for agreeing to my idea. It has always proven a better for me always.
The more your practice, the more you learn.
Aug 19, 2021 at 11:23
BarronLucas posted:
Lower time frames are a bit difficult to trade; it is essential to get more accurate information about price action. However, the timeframe depends on your trading strategy as well.
Agreed. Also I think 1H is the best optimal to get the result. Sometimes 3 mins can be good too.
Mitglied seit May 27, 2021
63 Posts
Aug 19, 2021 at 11:29
GordonDenzil posted:
Why do experienced traders trade at a lower time frame? Is the market more volatile and profitable during lower time frames?
Lower time frame allows you to find many trading opportunities and this is the main reason experienced traders trade on them. But the movements of price action in lower time frames are fast, which makes it more risky. So, it's not advisable for beginners.
Mitglied seit Aug 19, 2021
203 Posts
Aug 19, 2021 at 14:21
Oh lower timeframes can be used if you're scalper. But for fulltime traders it's difficult. On the lower timeframes market more volatility and shows wrong picture of the situation. It can be used for 15-30 min, but not much more time.
So dont' listen to that men who say you to trade on 1m-30m timeframes.
So dont' listen to that men who say you to trade on 1m-30m timeframes.
Aug 19, 2021 at 22:58
Yes lower timeframe is usually used for scalping traders, they like to use M5 or M15 for scalping trading, try to catch opportunities up and down wave that occurs, but usually, scalping traders need good support from brokers, not all brokers allow scalping, and this is needed fast execution order too. Sometimes I try scalping in my STP account FXOpen, but mostly I am trading as intraday trader.
Aug 20, 2021 at 05:25
FXOday posted:
Yes lower timeframe is usually used for scalping traders, they like to use M5 or M15 for scalping trading, try to catch opportunities up and down wave that occurs, but usually, scalping traders need good support from brokers, not all brokers allow scalping, and this is needed fast execution order too. Sometimes I try scalping in my STP account FXOpen, but mostly I am trading as intraday trader.
I agree with you scalpers to need excellent trading conditions like tight spreads and permission to scalp from the broker. Luckily my current broker fxview takes care of all my trading needs. I can use any trading strategy with them including scalping and that to with spreads from 0.0 pips. Their low commission is a cherry on the top. 😝
The more your practice, the more you learn.
Mitglied seit Jul 20, 2020
385 Posts
Sep 02, 2021 at 07:08
GordonDenzil posted:
Why do experienced traders trade at a lower time frame? Is the market more volatile and profitable during lower time frames?
It is more about getting a tighter entry and increasing your risk to reward
Dec 09, 2021 at 06:43
For beginners D1 and H4 is the best. Lower time frame is very much volatile. Yes you will get the result quick. But for trading psychology plays the important role. Higher time frame helps more to build a good trading psychology. In lower time frame you tend to do over analysis and overtrade which are bad for trading.
Mitglied seit May 12, 2020
2 Posts
Dec 09, 2021 at 09:59
Doesn't matter what timeframe you are on, price action is price action.
Mitglied seit Aug 26, 2021
9 Posts
Dec 09, 2021 at 11:52
Liamcook96 posted:
Doesn't matter what timeframe you are on, price action is price action.
Maybe but the price action formations on the higher time frames are more reliable. So I prefer to stick to those
Mitglied seit May 12, 2020
2 Posts
Dec 09, 2021 at 12:25
bridgekarate posted:Liamcook96 posted:
Doesn't matter what timeframe you are on, price action is price action.
Maybe but the price action formations on the higher time frames are more reliable. So I prefer to stick to those
Price action formations what are they?
Dec 28, 2021 at 05:17
There are generally more opportunities in lower time frames because small fluctuations keep happening in the market continuously. However, it requires undivided attention and quick decision making to seize all those opportunities which is difficult for new traders.
Jan 13, 2022 at 20:48
I always think that trsding lower timeframes can bring much more profits, however there are some traders, or investrs who can earn solid sums of money due to trading on W1 timeframes and higher. Everything here depends on your skills and the general wishes. If you were dreaming about becoming a good investor, then perhaps it won't be difficult for you to trade higher timeframes and earn good sums of money. Anyway, I got used to suppose that investing requires solid sums of money initially in order to get a good percent from your investments. That's why I prefer trading lower timeframes and just accumulate money in order to invest it in future.
Mitglied seit Jan 07, 2022
9 Posts
Jan 21, 2022 at 10:10
Lower time frame just seems to be noise to me. I prefer the daily nice and steady. I only need to trade once a week at most and I make hundreds of pips more than all these scalpers losing money all day
