What would you suggest the best time frames to trade in. I was thinking linking the 5min Chart with the 15min chart.
Cheers
What would you suggest the best time frames to trade in. I was thinking linking the 5min Chart with the 15min chart.
Cheers
I would recommend a beginner goes for multi-day trading. Day-trading is too fast and too difficult: it doesn’t allow you time to develop or learn.
If you are a really good trader, time-frame won’t matter.
It depends with what trader you are. If you are an intraday day then you should have a look on a daily timeframe and then on a 4-hour and 1-hour chart. Medium-term trader will follow the weekly chart and long-term traders the monthly timeframe.
I enjoy trading on the Day time frame. Just once per day (in last hour candle of day) check your trades and adjust SL and TP or exit trade… Look for new pairs that meet your requirements and I am done usually in 45 minutes. And I won’t look at it till 24 hours later. That is trusting your system.
Depends what you are trading and your strategy I think