Use higher time frame

[Ethan]

Forex is a great profession that offers large amount of earning to traders. To maintain average profit, you have to maintain risk management policy.

 

[Aaron_0]

Following higher timeframes is obligatory for long-term traders because they keep a trade opened for days, weeks and even months.

 

[SaadBinToha]

High timeframes are followed when traders want keep a long position, otherwise following timeframes won’t help in carrying profit.

 

[SaadBinToha]

It is very important to choose a time frame in trading. If the time frame is not selected correctly, there is a possibility of loss. If the daily time frame is used for scalping, the percentage of loss will increase. And institutional traders always use higher time frames. If you want to trade with long time targets, you have to use higher time frames. Analyzing at a higher time frame is very important. I have traded in a 1-hour time frame for many days but I did not get good results.

Choosing the right time frame is crucial for successful trading. Shorter time frames like 1-hour may not be suitable for long-term targets, often leading to increased risk. Higher time frames provide a clearer perspective and align better with longer-term trading strategies.

 

[Harvey]

Use higher time frames like D1 or H4 for more stable trades, as lower time frames are highly volatile. The "set and forget" strategy works well on higher time frames. A D1 candle takes a full day to form, requiring patience for profitable trades.