http://www.fibonaccitrading.com/choosing-trading-timeframe/ Dominate the Markets with Fibonacci Trading Strategies By Neal Hughes Sat, 11 Jun 2011 15:10:55 -0700 http://wordpress.org/?v=2.9.2 hourly 1 http://www.fibonaccitrading.com/choosing-trading-timeframe/comment-page-1/#comment-165 Rudolf from Forex-Robot-Examiner.com Sat, 11 Jun 2011 15:10:55 +0000 http://www.fibonaccitrading.com/?p=473#comment-165 Excellent post. Generally speaking, beginner traders tend to have greater success using longer-term timeframes (i.e., daily, weekly). Ironically, beginner traders are most likely to trade the shorter-term timeframes (i.e., 5 min, 15 min, etc.). It's just too tempting for a beginner to get that "instant gratification". This, along with using too much leverage, is likely the reason why most traders, especially beginners, lose money in forex. Excellent post. Generally speaking, beginner traders tend to have greater success using longer-term timeframes (i.e., daily, weekly). Ironically, beginner traders are most likely to trade the shorter-term timeframes (i.e., 5 min, 15 min, etc.). It’s just too tempting for a beginner to get that “instant gratification”. This, along with using too much leverage, is likely the reason why most traders, especially beginners, lose money in forex.

]]> http://www.fibonaccitrading.com/choosing-trading-timeframe/comment-page-1/#comment-43 Future Trading Fri, 16 Jul 2010 04:19:06 +0000 http://www.fibonaccitrading.com/?p=473#comment-43 to make profit on 5 min chart is really difficult. you need to be much more experienced and technical. thanks for the article. i hope this will help new traders to learn a lot. to make profit on 5 min chart is really difficult. you need to be much more experienced and technical. thanks for the article. i hope this will help new traders to learn a lot.

]]> http://www.fibonaccitrading.com/choosing-trading-timeframe/comment-page-1/#comment-18 trader@point and figure trading Sat, 20 Feb 2010 06:23:39 +0000 http://www.fibonaccitrading.com/?p=473#comment-18 Regarding which trading time-frame is best. I don't think a trader should concentrate on any one time frame. In my opinion it is much much better to have a general idea about how long trades one is able to hold and then look at all charts. If one is trading off daily charts, then it still pays to look at the hourly charts every now and then to see the actios of each day, but also to have a look at a weekly chart to see the big picture. Regarding which trading time-frame is best. I don’t think a trader should concentrate on any one time frame. In my opinion it is much much better to have a general idea about how long trades one is able to hold and then look at all charts. If one is trading off daily charts, then it still pays to look at the hourly charts every now and then to see the actios of each day, but also to have a look at a weekly chart to see the big picture.

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