I know that most of you would also like to know what is the best time frame in Forex. In short, when do you trade in Forex to gain profit? I know we cant monitor that every five minutes so what is the best interval.
It depends what style of trading you like to do.
Alot of people trade the daily charts using the four hour chart to place trades
If your a day trader you’ll probably use the fifteen minute chart to find trades and enter on the five minute chart
Trade demo for a few months to find out which style of trading works best for you
Larger TF give fewer, more reliable signals. Smaller give more, less reliable ones. Its your choice.
I want to know time frame and its duration. For example, if 1hr is buying must the candle completely closed before reversal or continuation???