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What is the Best Timeframe for Day Trading!? 🕒💰

Автор: UKspreadbetting

Загружено: 2023-11-30

Просмотров: 7891

Описание:

✅ Trade with our Sponsor Broker: Trade Nation http://www.financial-spread-betting.c...
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📈 Discover the Perfect Timeframe for Day Trading! What is the best timeframe for day trading? What timeframe should you trade? Most charting platforms will provide you with multi-timeframe analysis ranging all the way from monthly or weekly charts down to minutely and tick charts. You can use higher timeframes to look at the bigger picture and work your way down on lower timeframes.

The video discusses the best time frame for day trading.
The presenter recommends a top-down approach, starting with a daily chart to understand the bigger picture and market structure.
After analyzing the daily chart, traders can move to either a 60-minute or 15-minute chart to get a more detailed view.
The presenter suggests that going lower than a one-minute chart for execution is a mistake, and one minute is ideal for executing trades.
Traders should use the daily chart to guide them throughout the day, keeping a balance between higher and lower time frames for a more comprehensive view of the market.

✅ Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads.

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81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

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What is the Best Timeframe for Day Trading!?  🕒💰

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