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Trading in lower timeframes
Medlem sedan Jul 19, 2020
310 inlägg
Oct 28, 2020 at 12:55
Trading in lower timeframes require more expertise. In lower timeframes market is more volatile. New traders should trade on higher timeframe. Once you are accustomed to higher timeframe, you can come to lower timeframe.
Medlem sedan Jul 19, 2020
749 inlägg
Oct 29, 2020 at 13:23
Yes I agree with you. In lower time frame there is more noise and traffic. That's why price move forward and backward. That's why people do over trading and open lot of unnecessary trades. It also leads them to bad habits.
Medlem sedan Jul 23, 2020
696 inlägg
Nov 20, 2020 at 17:18
Lower timeframe is essential to get more accurate information about price action. However, timeframe depend on trading strategy.
Medlem sedan Jul 23, 2020
696 inlägg
Nov 29, 2020 at 07:58
Maveswyn posted:
Sometimes it all depends on experience, and sometimes it all depends on the specific situation, because you can see the perspective where no one sees it...
I agree with you. It is all about how well you understand the market.
Medlem sedan Sep 18, 2020
30 inlägg
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
forex_trader_1219909
Medlem sedan Mar 21, 2020
1 inlägg
Dec 14, 2020 at 14:10
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.
Medlem sedan Apr 15, 2020
187 inlägg
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.
Dec 28, 2020 at 08:52
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.
Medlem sedan Dec 28, 2020
167 inlägg
Dec 28, 2020 at 09:12
(redigerad Dec 28, 2020 at 09:16)
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.
Medlem sedan Nov 17, 2020
17 inlägg
Jan 07, 2021 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.
Medlem sedan Jul 23, 2020
816 inlägg
Jan 09, 2021 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.
Jan 21, 2021 at 10:57
Sarjohn posted:
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.
Low timeframes is like a movie, fast forwarded exponentially. I think these low time frames are great for scalpers overall because they can provide you with tons of trading opportunities but not for the long term strategies.
Medlem sedan Oct 01, 2020
27 inlägg
Jan 22, 2021 at 04:21
I think lower time frames have a great chance of making wrong decisions for newbies. Things are moving so fast that there is a very less chance for error. If you are entering the lower timeframe then make sure you should invest in a small amount because within that 15 minutes all of the action is happening.
Jan 22, 2021 at 09:48
(redigerad Jan 22, 2021 at 09:48)
@Darrensmith Use the automated trading scripts which are the best for scalpers and day traders alike. No doubt the risk is higher and decision making can be prone to errors but plan for the next 15 minutes by making an automated trade during the current time. For example to be more clear I was using Acttrader from XTB broker for my trades but in lower time frames you need to write your own trading script. So I use the MT4 platform (find the C language easier) from the broker Fxview and use the position trading strategy, where I determine my entry for the trade using the long term and short term timeframes. So automatically my entry point for the trade is predefined for the lower range of the timeframe.
