What time chart do you use for your Forex trading?
Results 1 to 4 of 4
  1. #1
    Join Date
    Sep 2009

    Question What time chart do you use for your Forex trading?

    Just wanted to get some feedback on which time chart do you use for your trading? I personally use the hour and 4 hour charts. What time charts do you use and explain why? Thanks folks!

  2. #2
    Join Date
    Oct 2008
    Mostly 1 hr and 4 hr
    Often 30 min, 8 hr
    Daily once in a while


    Because I look for chart patterns and that's all I need, this way I can see the whole picture and no need tons of timeframes.

  3. #3
    Join Date
    Dec 2006
    Wichita Falls, TX
    You really shouldn't be asking others what chart periods they trade. Only you can decide that for yourself. First you suss out your trading timeframe, and then you figure out from there what chart periods to use to generate the types of trade that match timeframe based on the methodology you employ.

    It all has to go together because if you're intending to be a day trader using hourly charts, but have a system that produces swing timeframe trades it's not going to workout very well for you. Similarly, if you're looking to swing trade off daily charts but have a method that produces intraday trades you're in a bind.
    John Forman
    Author -
    To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.

  4. #4
    Join Date
    Oct 2013
    One of the golden rules of forex trading is that you should always trade in the same direction as the overall trend.So for instance, if the GBP/USD pair is in a strong upwards trend on the 4 hour and daily charts, then you ideally want to be looking to open long positions on the 1 hour chart so that you are trading with the trend rather than against it. It is often fairly easy to spot price trends simply by looking at basic price charts. However there are also a few tools you can use to help you find forex pairs that are in strong trends right now, to save you the hassle of scanning the charts of all the major currency pairs.

Forum Sponsors

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
"The successful man will profit from his mistakes and try again in a different way."
Dale Carnegie