Aby korzystać z czatu, zaloguj się.
Powrót do kontaktów

Trading in lower timeframes

Pezza
Aug 14 at 20:08
44 postów
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

WaltonCharles
Aug 15 at 07:47
128 postów
Pezza posted:
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

Very well said.

Elena Triston (ele020)
Aug 16 at 07:47
219 postów
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.
GordonDenzil
Aug 16 at 13:46
37 postów
Why do experienced traders trade at a lower time frame? Is the market more volatile and profitable during lower time frames?

BarronLucas
Aug 18 at 14:24
27 postów
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.

zvr564
Aug 19 at 11:23
20 postów
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.

Alexthetrader
Aug 19 at 11:29
52 postów
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.

WhiteWitcher
Aug 19 at 14:21
3 postów
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.

Suradi (FXOday)
Aug 19 at 22:58
170 postów
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.

Elena Triston (ele020)
Aug 20 at 05:25
219 postów
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.
Zaloguj się aby skomentować .