Trading in lower timeframes
VictorAxel
Członek od Sep 18, 2020
31 postów
Dec 07 2020 at 11:50
Michihito posted:
Once you are accustomed to higher timeframe, you can come to lower timeframe.
Very important to note. I hope people are paying attention to this
turnipfollow
Członek od Oct 23, 2020
27 postów
Dec 14 2020 at 10:20
When you are trading on lower time frames, you must be ready to deal with noise and traffic.
Członek od Mar 21, 2020
3 postów
I disagree. Trading lower time frames like a 1 minute chart, there ton's of trends that on higher time frames are not there. A higher time frame could be range bound, but a 1 minute chart, there is trends galore. The problem traders have is they use market orders to enter. This is a huge mistake! Always use entry stop orders to enter. If you have a stop order to buy, and the market go's down, your trade never gets filled and you don't lose money. Trail a buy entry stop order above declining prices, and in time the market will reverse and move higher, your buy stop will be filled and will show a profit within a few minutes if trading on 1 minute charts.
Elena Triston
(ele020)
Członek od Apr 15, 2020
120 postów
Dec 15 2020 at 06:42
Lower time frames are specifically used for short term trades like intra day trading, scalping etc. Lower time frames generally help you to confirm the on going trend that you observe in higher time frames. Along with it, you a trader uses them to ascertain their entry and exit points.
The more your practice, the more you learn.
Selecting a timeframe is of great importance. And this must be understood when choosing a strategy or approach.
But even if you choose something like this, it's worth it to you to
- try it out on a demo
- analyze results
- make a final decision.
But even if you choose something like this, it's worth it to you to
- try it out on a demo
- analyze results
- make a final decision.
I think lower time frames consist of maximum unexpected market shifts. Lower time frames are not quite helpful for understanding the overall trend and market flow as a result traders might get wrong ideas about the market situation.
Garyneville221
Członek od Nov 17, 2020
18 postów
Jan 07 at 08:45
Yes, the volatility is something every trader has to deal with when trading in lower timeframes. It requires good skills and expertise, as you pointed out.
Medium-term timeframes usually choose scales from several hours to a daily segment. There are numerous strategies for daily timeframes and therefore you can always make a profit here
LyudmilLukanov
Członek od Jul 23, 2020
265 postów
Jan 09 at 12:14
Starcliff posted:
Medium-term timeframes usually choose scales from several hours to a daily segment. There are numerous strategies for daily timeframes and therefore you can always make a profit here
You are right. Day traders often use hourly time frames like H1. H4, H12 etc.