Sentences with phrase «fast trading time frame»

Not exact matches

Nial great article as always... let me just add that the reason people lose money on 5 minute time frame is because things happen way too fast for us to decide correctly... however if you run a computer program to place, monitor and close trades on set criteria 5 minute TF can be very profitable on daily bases.

If you want to trade fast intraday time frames, make sure that the market is volatile and liquid.

When traders begin trading on lower time frame charts they start over-complicating the trading process by trying to read the inherent noise that is a part of these fast moving charts, this inevitably causes them to over-trade which is one of the main causes of failure in the forex market.

Forex traders are often tempted by the lure of lower time frame charts; they think they are somehow getting closer to the «real» action in the market and that they will find more trading opportunities on these fast moving charts.

The fastest time - frame I trade is 3 - minute which is still manageable.

Its true what the article above says; «you will wonder how you ever traded without it» I cant believe how my view of price action has changed so fast since looking at the higher time frames and a few powerful price paterns.

If there's one thing you guys take away from this free course it should be this: you aren't going to make money fast by trading time frames under the 1 hour and by rushing your trades.

Shorter time frames require faster analysis and action which is why short term trading has a higher difficulty factor along with the potential for higher rewards.

Trading from the intraday time frames only served to deplete my funds that much faster.