What timeframe do you prefer?

Beginner Questions
1

hi y all

i been trading in live account for the past two weeks now with a micro a/c. im still newbie for sure. the one really bug me is the timeframe. to all traders out there could you share some insight into what time frame do u guysn gals used and preffered.

cheers

2

I use whichever is giving my the best signal,
I then adjust my position accordingly.
higher time = smaller position value

3

Hi,

As a swing trader crafting my skills in raw price action, i prefer the H4/D1/W1 timeframes.

4

Due to having a day job, a girlfriend, and other commitments I find that the longer time frames - daily, and longer - are what I use as I am not able to look at the screen for most of the day.

5

Personally its picking the tools for the job. every time frame has its place. I can swing swing trade on daily, intraday the 15minute or scalp tick charts if i really wanted to. Although I would never scalp tick charts in spot forex but in other instruments. Just pick what you are comfortable with and what you want to do. Its about your trading time horizon, obviously trades started on the daily will take a lot longer to resolve then say one taken on a 15 min chart. Also the ATR of each time frame is bigger/smaller so your stops are going to be different.

6

i usually stick to 15m but that’s just because it suits perfectly the way i’m trading and gives me a good indication. I’ll sometimes look at others, but my main timeframe is 15m.

7

Yup! Timeframes differ, depending on the strategy used, the trader’s free time and so on…for me personally, any timeframe but usually prefer not to trade on the short ones since I do not scalp.

8

Te big old 1 Hour time frame, it’s in the middle between day and swing trading.

9

Thanks for the insight. I think going to daily timeframe from now n stick to it. Ur replies really help me to understand.

Cheers to u all traders.