Welcome to the trading world! For beginners, it’s often best to start with longer timeframes like daily or 4-hour charts, as they reduce noise and provide clearer signals. Viable patterns may appear less frequently but offer more reliable setups. Watching 2-4 forex pairs daily can help you focus effectively. Happy trading!
When it comes to choosing timeframes for trading, you need to proceed from the trading method you want to trade (scalping, intraday, swing trading or long-term trading). Therefore, each trading method will have its own timeframe for finding entry points and analyzing the situation. But with any trading method, it is important not to neglect the analysis of higher timeframes, on which you can determine the direction of the trend and trade in its direction on lower timeframes with the ability to take larger and more profitable movements than with counter-trend trading.