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You have identified a downtrend and are looking to place a short trade. Which time frame should you switch to in order find your entry?
If there is a long-term trend on a higher time frame, the probability of winning trades in the same direction on lower time frames is:
Assuming this is the higher of your two time frame charts, in which direction would you be looking to trade when you switch to the lower time frame?
A trader’s success or failure is not affected by the timeframe/s on which he trades.
Long term traders usually focus on what time frames?
_____ time frames are ideally used for deciding where to best enter a trade.
What does ‘W1’ stand for in MT4?
Capital plays an important role when deciding what time frame to trade.
Larger time frames are used to establish shorter-term trends.