Focusing on one or two pairs, one timeframe?
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Thread: Focusing on one or two pairs, one timeframe?

  1. #1
    When we focus on a couple of pairs. Is it better that we concentrate on a single timeframe?

  2. #2
    Quote Originally Posted by ;
    quote Then I have a question! If H1 shows up tendency but H4 down tendency? Will you follow the uptrend? Or downtrend?
    Depends upon what time frame you are trading. H4 down plus 1 hr up is a ideal market setup, if you are trading the 4 hr chart. If you are trading the hourly, then not too much.
    Hourly down, 15m up.... Sell. Hourly trade.
    Weekly down, daily up....Sell. Weekly trade
    4hr up, 1 hr down....buy. 4hr trade.
    Buy the dips sell the rallies.

  3. #3
    Though most of my transactions are clicked on the 1 second time frame, I am constantly taking a look at the 1 hour, 15 min, and 5 min time frames for areas of support or resistance.

  4. #4
    Quote Originally Posted by ;
    If we concentrate on a couple of pairs. Can it be better that we concentrate only on one timeframe?
    I utilize several timeframes ....usually 5, 15, 30min and 1h.

  5. #5
    I would rather use 1 Hour and Daily charts. It is nearly always sound fluctuations if you use less than 1 hour. Longer than daily intervals aren't as indiive already.

  6. #6
    I always look 3 time frames higher than the one I am trading to obtain the long term trend (e.g. transactions placed on M15 I look at 4HR to determine tendency management). I would use an MA of 20 period and whether price is above or below for leadership.

  7. #7

  8. #8
    That depends upon your egy. When you have a egy that needs more time frames, you'd focus on more than 1 time period.

  9. #9
    While I use basically scalping I have to depend on 1 hour and daily charts. It encourages me to calculate the market occasionally with surely which is truly supportive to bring profit from my egy. Really which time frame you require it entirely depend on your trading methods.

  10. #10
    I would rather go for several time frames. It provides you more trading choices.

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