1 of 1- Natte1946
- moneyfx advance
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- Registered: 5/01/2017
- Posts: 26
Which is better for trading, higher or lower time frame?
Which is better for trading, higher or lower time frame?
open online bank account
- Innate
- moneyfx advance
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- Registered: 2/02/2018
- Posts: 131
Re: Which is better for trading, higher or lower time frame?
hm, it's nice. thank you for it
- Bruce Reid
- moneyfx advance
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- From: Pakistan
- Registered: 2/14/2015
- Posts: 282
Re: Which is better for trading, higher or lower time frame?
It depends on the style you are willing to trade on. IF you are doing scalping, then obviously lower timeframe is sensible way. However, IF you are long term addicted, then higher is the way to go.
I like long term ways, so I prefer analysing monthly charts. I also follow up gold price forecast 2018, as to ensure I am somewhat on track with the possible route. With Gold, you can’t afford to make too many errors in judgment, it could be dreadful.
Last edited by Bruce Reid (10/31/2018 8:49 am)
- Hexxler
- moneyfx expert
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- Registered: 6/30/2019
- Posts: 408
Re: Which is better for trading, higher or lower time frame?
Absolutely higher time frame but obviously readers should have money in balance like they should lower lot size. If anyone wants to trade long term then can use FreshForex broker as they are running their services for more than 15 years and have got many rewards from reputable companies.
- teropon
- moneyfx learner
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- Registered: 12/23/2021
- Posts: 3
Re: Which is better for trading, higher or lower time frame?
It depends on you trading plan and you strategy.
- Hexxler
- moneyfx expert
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- Registered: 6/30/2019
- Posts: 408
Re: Which is better for trading, higher or lower time frame?
If anyone has lower capital then a lower timeframe will be best of the best option and yes, in this case, they can use TP Global FX as they are now giving outstanding leverage facilities.