Hi!
I am a rookie trader practicing my strategy on a demo account and I am a bit confused about the purpose of each timeframe and how they impact market analysis. I use 4H timeframe for my higher timeframe, 1H for my trading timeframe and the 15M for my lower timeframe. Could somebody provide me an explanation of the proper role that each timeframe has? If I use MACD histogram for my entries, should all of the timeframes give a buy or a sell signal before entering the trade?
Best regards
Martin
I am a rookie trader practicing my strategy on a demo account and I am a bit confused about the purpose of each timeframe and how they impact market analysis. I use 4H timeframe for my higher timeframe, 1H for my trading timeframe and the 15M for my lower timeframe. Could somebody provide me an explanation of the proper role that each timeframe has? If I use MACD histogram for my entries, should all of the timeframes give a buy or a sell signal before entering the trade?
Best regards
Martin
Aucun commentaire:
Enregistrer un commentaire