FOREX THEORY


Trading With Three Time Frames (Part 2)

You might use:
ยท         1-minute, 5-minute, and 30-minute
ยท         5-minute, 30-minute, and 4-hour
ยท         15-minute, 1-hour, and 4-hour
ยท         1-hour, 4-hour, and daily
ยท         4-hour, daily, and weekly and so on.

When youโ€™re trying to decide how much time in between charts, just make sure there is enough difference for the smaller time frame to move back and forth without every move reflecting in the larger time frame.

If the time frames are too close, you wonโ€™t be able to tell the difference, which would be pretty useless.


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