What's new

Whats the best Timeframe for Day Trading

3.00 star(s) 2 Votes
Here, as they say, to each his own. For example, I trade on the M30 during the day, watch the breakouts of the Fib levels. I switch to M5, find the optimal entry point and go to collect points, only necessarily following the trend. In trading, the best friend is the trend!
 
For time frames Use H4 H1 and 15m
Why these? :unsure:

H4 for over all trend bias (market structure)
H1 for Previous Day or any other day for Support and Resistance (Market structure)
15m is the trigger (technical)

This is what I use and my own style. :coffee: cheers
 
I guess this question is related to your trading personality. Can you wait for more than half a day to let the trade finish, or feeling frustrated seeing the market doesnt move that quickly in just 1hour. Simply place some trades on demo account and answer the question yourself for the best reflection. :)
 
He Mate,
with a very small account under 500€
with a proper MM
you can trade M1,5,15,30 and maybe H1

vvm
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks