I am selecting a Time frame to do a study on for my work in statistics and technical analysis thread. I am looking to get a feel for what is this communities most important time frame that you EXECUTE trades on. Not what you reference, or think you should look at. This TF is where you measure your TPs and SLs and determine your entry price.
The 1 hr bar…
Please vote in poll above. It makes it easier for me to aggregate.
Seriously people 133 views, 4 votes. It takes 1 second really people, the end result will benefit you. I already know the answer for myself.
Yes it is very important that we do consider which time frames are important for any trader and then see how this effects our trading as well as our profits 
i voted “Other” since i use odd timeframes on my charts. the main ones are 3min and 2pip (so it’s a movement range, not timed), with supporting ones being 15min and 5pip (or sometimes 7pip).
i assume this is what you are after.
if you are talking about trade DURATION, then it’s actually all over the place with the average being around 20mins (with a huge variance, some i’ve had to close after only 30sec and others dragged on for 2-3 hours).
5% of viewers are voting. Obviously customizing my research to be applicable to the majority here is not something the community is willing to spend 2 clicks on. So I guess I will just perform my research on a general time frame. Although I had high hopes for customizing this stuff for practical use, it seems this is just not something the community wants. Or is willing to put in 2 seconds of work for.
Can’t vote on the iOS mobile platform. This is how I do about 99% of my babypips viewing. And I’m sure a lot of others. More to blame on the admins IMO. Seems to be a lot to blame on them.
They haven’t even updated it for the iPhone 5screen. Or given the ability to like posts.
Agreed - there is something in the BP site that my security software doesn’t like, so since the end of last year I have not been able to run BP on my home computer. So I have to use an iPad, which means I can’t like posts, post charts, vote in polls or see a few other things. I’m basically restricted to text posts. It’s a bit limiting, but raising with both sides noone could see a problem. I’m in the classic position of having everyone tell me there is no problem while knowing that it does not work. Somewhere along the line, McAfee and BP don’t get along.
MeiHua: I’d vote Daily chart, if I could.
I did not realize this was a problem. I was just getting really frustrated that my attempts to make something usable to the community was getting not even some quick help. Well we will just take what we can get then. I will wait until i have about 20 votes or so to make my final choice. hopefully that will happen in the next day or so.
No problem, I didn’t know about it either until I had to use the iPad. Hope BP fix it some time.
Daily… the beauty of daily trading is you don’t need to be stuck on the screen all day. put the trades down at the start of the trading day (9pm), go to sleep, wake up, enjoy the day doing your own thing and then at 9pm check up on trades, add more.
I use H4 for major trend, H1 for minor trend and 5 min for entry.
It can be frustrating. FWIW, I did vote. But you have to understand that this is Babypips. Trying to get something constructive out of the forum is like asking 5th graders to solve algebra.
I am hoping that I can try to contribute and show people how to do their own homework, at least how i think about the markets. If I show them how to approach their studies then they can do it on their own. Instead of asking the same 10 questions every other day. Plus this study should approach something that every novice trader here complains about. at least i hope so. I wont prejudge the results as I haven’t started but i have my hypothesis.
Well I have reached my 20 vote criteria, it was like squeezing blood from a stone I tell you what. My sampling error is probably going to be fairly large but I think everyone can relate to the winner, the DAILY TIME FRAME. You know its hard to believe that people are actually following the advice given here, stick to higher TFs. I am actually kind of proud of the responders who are actually doing that.
Above 1Hr ( 1Hr - Daily ). I don’t have skills to trade below 1Hr TF. Noise and high chance of SL hit.
I trade all day. Don’t you guys know about EAs? There are automatic trading systems like Forex Power Signals which sends good Forex signals and it also gives you good advice whenever you are actually in front of your computer. When I’m outside, I set it up so it trade according which it sees fit and there you go, I earn without spending all my time in front of my computer.
I do all my BabyPips stuff on my iPhone or iPad & at the top of the page for this thread, there’s a bit that says “View Poll” & I managed to vote so surely others can as well?
The obvious problem with this question is that you don’t know what proportion, if any of the respondents are profitable traders, thus making the results (in the nicest way possible) useless.
It’s in all the literature for trading that you ‘should’ use higher TF analysis, thus skewing the results as people with varying degress of trading are most likely to select this answer. We already know trading has a very high failure rate - so maybe we should stay away from the most common answer lol.