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Which timeframe do you like best?

Scarymaniak
Feb 15 at 13:24
28 príspevkov
Coreyarren posted:
christielowe posted:
perryjohn765 posted:
for me anything between 1-15 mins works the best depending on the strategy I am using that time.

I however prefer 1-5 minutes timeframes. It gives me a realistic target of 10 pips per trade along with a currency pair that’s got the lowest spreads.

No matter whatever strategy a scalper uses, isn’t there still a huge risk involved especially since they need to be in and out of the market within minutes? I mean dealing with tick charts and two pips could prove to be quite tedious and difficult particularly when there’s resistance.

No doubt about it Correy. In fact, another risk involved in scalping is in the fact that the countries involved in the currency pairs witness frequent economic challenges and changes with the market becoming highly volatile and the price of the active pairs could jump up to 100 pips.

Alberncon
Feb 16 at 14:04
26 príspevkov
Is there a right time frame to scalp EURUSD from Australia?

LyudmilLukanov
Feb 16 at 17:33
547 príspevkov
As a scalper, I prefer minute time frame. But new traders should high time frame for better information.

christielowe
Feb 17 at 06:29
35 príspevkov
Scarymaniak posted:
Coreyarren posted:
christielowe posted:
perryjohn765 posted:
for me anything between 1-15 mins works the best depending on the strategy I am using that time.

I however prefer 1-5 minutes timeframes. It gives me a realistic target of 10 pips per trade along with a currency pair that’s got the lowest spreads.

No matter whatever strategy a scalper uses, isn’t there still a huge risk involved especially since they need to be in and out of the market within minutes? I mean dealing with tick charts and two pips could prove to be quite tedious and difficult particularly when there’s resistance.

No doubt about it Correy. In fact, another risk involved in scalping is in the fact that the countries involved in the currency pairs witness frequent economic challenges and changes with the market becoming highly volatile and the price of the active pairs could jump up to 100 pips.

Your points aren’t incorrect but there are very reliable brokers who offer demo accounts for the scalpers to practice their skills. I for a matter of fact use Fxview and IC Markets to test my scalping strategies on their platforms with virtual money. And after that only go live.

Bradley88
Feb 17 at 14:12
35 príspevkov
I prefer trading with the daily time frame because the market momentum seems to be accurately observing during this time frame.

forexminded
Feb 19 at 10:41
35 príspevkov
I prefer trading on weekly time frame.

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