What Time Frame is the Best for Trading

[Maryann]

I know every Forex trader has their own time convenient for them to trade. But for a beginner who just started trading what timeframe hindsight would you think is better for the person to look into before advancing in other TF. 

I believe this would help a lot of people to know when is the best to trade, let's share our ideas and put some persons through.

I prefer the 1D and 15Min and 5Min for Execution. 1D and 15Min help me to Analyse the perfect time to enter and execute the market in 5Min

[maspluto]

For beginners who are just entering the forex market, it's advisable to thoroughly study how it works and make use of all the facilities provided by the broker. This is done to gain a better understanding and be better prepared for trading on a real account with Tickmill broker.

[AdhitamaRi61944]

On 3/2/2024 at 5:50 PM, Maryann said:

I know every Forex trader has their own time convenient for them to trade. But for a beginner who just started trading what timeframe hindsight would you think is better for the person to look into before advancing in other TF. 

I believe this would help a lot of people to know when is the best to trade, let's share our ideas and put some persons through.

I prefer the 1D and 15Min and 5Min for Execution. 1D and 15Min help me to Analyse the perfect time to enter and execute the market in 5Min

Determining the time frame is indeed crucial for new traders. All of this can be tried on a demo trading account with the chosen strategy. If you choose a scalping strategy, traders can choose a small time frame from M1-M15. From there you will be able to analyze well for entry decisions.

[Maryann]

20 hours ago, AdhitamaRi61944 said:

Determining the time frame is indeed crucial for new traders. All of this can be tried on a demo trading account with the chosen strategy. If you choose a scalping strategy, traders can choose a small time frame from M1-M15. From there you will be able to analyze well for entry decisions.

This is another good point. Most new traders just trade when they see an opportunity, they don't analyse the market in-depth to have at least short-term view of  what they're trading 

[uncle gober]

It's good to hear that you find comfort in long-term trading, as it allows you to enjoy implementing plans and preparations. This approach can contribute to a more comfortable and secure trading experience, especially with Tickmill as your broker.
 

[Fin_Trader]

When trading, I use different timeframes. For a more reasonable and accurate entry, I first look at higher timeframes, by which I determine the direction of the general trend. And on lower timeframes I look for more profitable entry points into the market with small stop losses in the direction of this trend.

[maspluto]

We must create a balance between psychology and ability in order to make trading better and more efficient and we must be willing to learn and practice regularly so that our abilities improve and we can achieve sufficient profits as additional capital and income with the Tickmill forex broker

[Hanan Öberg]

Beginners should start with higher timeframes like 1D and 4H for analysis, as they provide clearer trends and reduce noise. For execution, 15Min or 5Min is ideal for precise entry points. Combining these timeframes helps traders identify opportunities, refine strategies, and gradually build confidence in navigating the Forex market. LQDFX broker allows traders with more than 70 trading pairs including fiats, crypto, stocks etc.

[Zeologic]

Maybe each trader has their own strategy, the choice of time frame also depends on the trading strategy, whether short term or long term. I myself like to look at all timeframes to get a broader price perspective, but in making trading decisions I prefer to go to low timeframes like M15.

[maspluto]

As long as we still do not understand how this trading is done, then we need to try to find out where the learning that must be done is, by wanting to try to learn, it will make us able to trade profitably when trading on a real account with Tickmill.