Choosing a time frame for FOREX.

[freelancer2013chy]

I think time frame is important for forex trading. If you choose the right time for trading, surely you will be success. we see hourly, daily, weekly or monthly even above time frame of trading. In my personal opinion, choosing daily time frame for forex is better.

[techboy]

I agree, traders must choose the right time frame to use in his trading that fits well in his personality and time schedule, it is important that a trader create a trading system that fits well to his character and that includes picking the right time frame, for newbies it would be better to trade using higher time frames to avoid fast movement of the market...

[rookie001]

Well, everyone is entitled to his own opinion. The thing that matters in this regard is not only the time frame, but your tendency, your trading style, your targets and risk exposure affordability and then comes your comfort level. If you feel comfy in 15M candle, it would be in vain to compel yourself to trade 1H. If your strategy is designed for quicker response it will be better to chose a lower time frame.

[u4n777]

If a trader desires to make his choice in time frame, he must choose what will not implicate him, but gives him the convenience of taking a detailed trading analysis, which will enable the trader do a thorough market analysis and come up with a better and consistent and more profit yielding time frame. For me, the H4 is the ultimate and is my best so far.

[sunny]

dear in my case i select m1 and m5 time frame for trading system because i am a scalper trader and i am doing scalping every time in forex market and honestly speaking if you have good knowledge and proper experience about scalping strategy then you will earn definitely earn money and scalping is one of the best strategy in forex market

[abdul_sami]

I thing depend upon your style of trading if you are scalper then used m15 and m5 time frame and if you are long term trader then you will try to used h1 and h4 not so much these are best time frame according to the style of trading i am scalper so i will used m5 and m15 for currency and for metal i will used h4 for gold

[pielzonbizz]

I think it is depend on trader daily activity and personality. If trader confident enough and feel comfortable using daily time frame than other time frame, than use it. Some trader like me more comfortable using M5 and M15, because I only have short time for trading, I dont like floating position if I'm not watch it. Even after adjusting TP and SL, I'm still not comfortable if I'm not watch it. Close any position before stop trading, make me ease, not weight in mind.

[teemoney1704]

it will be less stressful and more reliable and even more profitable if we venture to trade only the daily time frame because this is the best and the most accurate of them all because when you see the closing price it gives you the aggregate thinking in the forex market abaout the demand and supply that prevail for that day and possibly what to expect the next day.

[imran16115]

Time frame plays very important role in Forex trading and if you really want to succeed in Forex trading then must have to chose right time frame for trading for example for short term trading M5,M15 even M30 is best time frame and for scalping M5 or M15 is good time frame where as for long term trading H4,D1 even W1 even above time frame is best to earn some money .

[radex78]

I think choosing timefrae is depending with style trading , if such tarder prefer become scalper , so they will choose 5 minute timeframe but still look at 1 hours timeframe , but if they as intraday tarder , so look daily timeframe to look major trend and see at 1 hours timeframe to look current trend , and for swing trader might they prefer look daily timeframe , and for me look all tmeframe will giving information better rather than only choose one timeframe