Results 1 to 4 of 4
  1. #1
    matrry1 is offline Newbie
    Join Date
    Sep 2009
    Posts
    15

    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
    MattW2009's Avatar
    MattW2009 is offline Superior Master Contributor and Member
    Join Date
    Jun 2009
    Posts
    915
    Daily

    Why? Cos everyone told me to! But they were right - the market is slower, you have more time to make decisions, the signals are clearer AND more reliable and it's hard(er) to overtrade.

  3. #3
    wrtm_19's Avatar
    wrtm_19 is offline FX-Men Honorary Member
    Join Date
    Oct 2008
    Posts
    1,368
    Mostly 1 hr and 4 hr
    Often 30 min, 8 hr
    Daily once in a while

    Why?

    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.

  4. #4
    rhodytrader's Avatar
    rhodytrader is offline FX-Men Honorary Member
    Join Date
    Dec 2006
    Location
    Boston, MA
    Posts
    2,532
    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.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
"Success is the small sum of efforts, repeated day in and day out."
Robert Collier