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what the right for intraday trading timeframe? in General Forex Discussion_67f83ac065b44

what the right for intraday trading timeframe?

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using the daily time is up to you, the important thing is you can be successful
#376 - May 16, 2023, 03:39:48 AM

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Using the daily time frame, we should be able to activate it properly.
#377 - May 17, 2023, 05:22:01 AM

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I don't know and I don't want to try it.
#378 - May 18, 2023, 05:12:17 AM

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#379 - Today at 03:53:15 PM

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I don't know what exact time is yet but I don't use it.
#379 - May 20, 2023, 04:00:27 AM

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good use of daily time should be accessible to all
#380 - May 21, 2023, 03:19:49 AM

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You can choose the right time according to the potential you use
#381 - May 22, 2023, 06:54:15 AM

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good use of time it depends on the timeframe you use
#382 - May 23, 2023, 04:19:37 AM

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the important time is the time when you can get success
#383 - May 24, 2023, 05:11:27 AM

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the right time for daily is 1 hour and above well
#384 - May 28, 2023, 07:30:01 AM

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the effective time to timeframe we can use is above 15 minutes
#385 - May 29, 2023, 03:20:36 AM

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#386 - Today at 03:53:15 PM

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mostly use 30 minutes to 6 hours
#386 - May 30, 2023, 12:13:47 AM

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The 1 hour time frame is used by traders looking for short to medium term trades with a duration of a few hours to several days.
#387 - May 30, 2023, 12:16:06 AM

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this is just my experience that I did first if you use your ratings then you focus on 1 hour and 15 minutes, you don't need 4 hours and above, the important thing is you already know the trend
#388 - May 31, 2023, 02:50:57 PM

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Choosing the right intraday trading timeframe in the forex trading industry depends on various factors and individual preferences. However, commonly used intraday timeframes include 5-minute, 15-minute, 30-minute, and 1-hour charts.

Shorter timeframes, such as 5-minute and 15-minute charts, provide more frequent trading opportunities and allow traders to capture smaller price movements. These timeframes are suitable for traders who prefer quick trades and have the ability to closely monitor the market throughout the day. However, they may require more active decision-making and can be susceptible to noise and false signals.

Longer intraday timeframes, such as 30-minute and 1-hour charts, offer a broader perspective of the market. They provide a more comprehensive view of price trends and patterns, allowing traders to identify stronger and more reliable setups. These timeframes are suitable for traders who prefer a less frequent trading style and can't dedicate constant attention to the charts.

It is important to align the chosen intraday timeframe with the trading strategy and individual preferences. Some traders may find success with shorter timeframes, relying on technical indicators and price patterns, while others may prefer longer timeframes, incorporating both technical and fundamental analysis.

Moreover, it is crucial to consider market volatility during different times of the day. For instance, the opening and closing hours of major trading sessions often experience higher volatility and increased trading opportunities. Traders may want to select timeframes that align with these active trading periods to maximize potential profits.

Ultimately, the right intraday timeframe is a personal decision that should be based on factors such as trading style, risk tolerance, available time commitment, and the ability to effectively analyze and interpret price movements within the chosen timeframe.

It is recommended to experiment with different intraday timeframes and evaluate their performance over time. This allows traders to identify the timeframe that best suits their trading style, increases their comfort level, and aligns with their overall trading goals.

In conclusion, selecting the right intraday timeframe for forex trading involves considering personal preferences, trading strategies, market volatility, and the ability to effectively analyze price movements. Traders should choose a timeframe that matches their trading style, provides sufficient trading opportunities, and allows them to make well-informed trading decisions within their available time commitment.
#389 - June 01, 2023, 11:03:18 AM

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the good time in my opinion is above 1 day even if you use daily trading
#390 - June 02, 2023, 12:35:07 AM

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