Trading Time Frames Discussion
Hi all traders i start a new thread to discuss about the Diffrent time frames whenyou are going to or exit any trade. Every trader watch diffrent time frames regarding its trading style and to analyzing the market.
There are mainly four different types of trading time frames:
1. scalping(This is the shortest time frame in trading; it exploits small changes in currency prices.)
2. day trading(Day traders tend to wait for good trading opportunities, instead of trading frantically like scalpers tend to do. This style of trading involves intense concentration from the trader as positions must be closely monitored on the price charts.)
3. swing trading(Swing traders hold their positions for a few days, but seldom more than a week.)
4. position trading (Position trading spans the longest period of time, and refers to traders holding their position for weeks or even months. )
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.
I am more of a scalper. I thought the timeframes are the M1, M5, H4, D1 etc. and these that you listed above arthe trading styles?
I am a hosted slave beta.
yaa but these trading styles analysis is generated or analysis is calculated on the basis of the time frame
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.
I'm day trader and always waiting for good moment....and also can't OP everyday.
I use D1 and H1 TimeFrame...and finally look at M5 to make OP.
yes i do the same think with the help of larger time frames i make entry on short time frames with the help of candles formation or anyother level to enter in the trade
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.
I cannot say which one is better. Each trading style has its own logics, own trends, own analysis and limits. In my opinion the least logical method is scalping. The most logical method is swing trading.
I think this way coz in scalping u try to get opportunities by looking at a very small picture. No doubt there are top scalpers around the globe and they are trading successfully. But if we talk logically, this method involves the least amount of statistical analysis.
Swing trading takes into account all the factors. Here yoo do technical analysis. You try to predict the "news" impact. You even see past trends in similar conditions. So in short a more logical analysis is done.
Position trading is not popular in forex but maybe in shares and stocks.
Stick to your rules
Originally posted by uniquetraderI cannot say which one is better. Each trading style has its own logics, own trends, own analysis and limits. In my opinion the least logical method is scalping. The most logical method is swing trading.
I think this way coz in scalping u try to get opportunities by looking at a very small picture. No doubt there are top scalpers around the globe and they are trading successfully. But if we talk logically, this method involves the least amount of statistical analysis.
Swing trading takes into account all the factors. Here yoo do technical analysis. You try to predict the "news" impact. You even see past trends in similar conditions. So in short a more logical analysis is done.
Position trading is not popular in forex but maybe in shares and stocks.
nice addition in the topic thanks for sharing your ideas and i dont see any trader in my trading life that trade on postion trading style
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.
Every trader chooses their time frame based on their skills and knowledge and rather than time frames trading style os the right term and there is short term trading which inclused scalping and day trading and there is long term trading that includes swing trading and position trading.