Best Timeframe for Swing Trading & Daytrading Forex? ⌛

What is the Best Timeframe for Swing and Daytrading in FX? PLEASE LIKE, SUBSCRIBE AND SHARE THIS VIDEO SO WE CAN DO MORE! I’m going to give you an answer based on the timeframes that I specifically use for my day trading and when I’m swing trading. I’ll also include timeframes I know other traders use who are successful in currency trading in particular (and one guy I know who does very well with equities)

1 min, 3 min, 5 min, 15 min, 30 min, 60 min, 120 min, 240 min
If you’re day trading, try to still know what is happening on the higher timeframes.

1 day, 1 week, 1 month

100 tick, 50 tick.

From a day trader’s perspective the combination that I personally like is this. I like to first glance at the daily timeframe. I want to know what the key levels are; key support, key resistance, fresh highs, what’s happened after earnings if its a stock..etc Then I will pivot things a bit. I will switch between a 15 min and a 60 min timeframe depending on what has happened. I prefer the 15 min as I’m going to get more information on the screen/charts. But if I feel this is not giving me what I need to see, I’ll switch to a 60 minute timeframe just to see how we are on a longer timeframe. Most of the times, particularly if you’re trading very short-term timeframes you will find that this is less relevant..
Then, I also like to see what happened on the 3 min/5 min periods for executions. The danger comes if you try using too many timeframes.

When swing trading I still like to look at the daily timeframes but I still look at what is happening on shorter timeframes. Swing trading for me is that; I generally hold for days; very rare that I will hold a market for months.

If you’re an extra aggressive day trader or scalper then moving to tick charts can help. Now, I don’t suggest that you go down the route of scalping aggressively because it does add a heck of a lot more noise.


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