That is right and it comes with experience. Not everyone can trade in lower timeframes without proper knowledge.
Jul 03 at 10:07
mohamrpes posted:
That is right and it comes with experience. Not everyone can trade in lower timeframes without proper knowledge.
Without proper knowledge, it is quite tough to survive in this risky market.
@SteveHanks It is not quite tough rather it is impossible to survive in the market without proper knowledge and skills.
there is a law
the smaller the time frame , the greater the pattern irregularities,
montly Time-frame is the best so far, but you its not possible for most of the traders to take 2-3 trades a month at most,
so i suggest you to keep focusing on weekly and daily time frame
the smaller the time frame , the greater the pattern irregularities,
montly Time-frame is the best so far, but you its not possible for most of the traders to take 2-3 trades a month at most,
so i suggest you to keep focusing on weekly and daily time frame
Jul 05 at 04:33
Smaller patterns are only useful when scalping.. Other than that, daily time frames are better to use.
The more your practice, the more you learn.
Aug 02 at 16:43
Intraday trading has more chances of profit but in that case, it is necessary to acquire proper education.
@LukeRachel Yes intraday charts creates more trading opportunity but it can also be the reason for over trading. That's why intraday trading needs strict discipline.
LukeRachel posted:
Intraday trading has more chances of profit but in that case, it is necessary to acquire proper education.
Still quite daunting task unless you master PA on lower TF its really tough
ele020 posted:
Smaller patterns are only useful when scalping.. Other than that, daily time frames are better to use.
I use Daily myself and 4hr for entries
