The longest timeframe you use..

Discussion in 'Forex' started by dev, Aug 31, 2013.

Which is the longest timframe you use?

  1. >= monthly

    8 vote(s)
    20.0%
  2. weekly

    8 vote(s)
    20.0%
  3. daily

    9 vote(s)
    22.5%
  4. 12 hour

    0 vote(s)
    0.0%
  5. 8 hour

    0 vote(s)
    0.0%
  6. 6 hour

    0 vote(s)
    0.0%
  7. 4 hour

    5 vote(s)
    12.5%
  8. 3 hour

    0 vote(s)
    0.0%
  9. 2 hour

    0 vote(s)
    0.0%
  10. 1 hour

    3 vote(s)
    7.5%
  11. < 1 hour

    7 vote(s)
    17.5%
  1. irniger

    irniger

    The poll results might be more revealing if in addition to the timeframe the amount of leverage is known. I guess someone who trades weekly or monthly trimeframe doesn't use the 1:100 level - mostly because of the high drawdowns. H4 or lower timeframe users often trade with a high leverage. Right?

    Felix
     
    #21     Oct 29, 2013
  2. Jason Rogers

    Jason Rogers ET Sponsor

    Thanks for posting this poll, Dev :)

    The longest time frame I typically use is daily. I also use 4-hour and 1-hour charts to set up my entries and exits. My trades usually last from a few days to a few weeks.

    For those of you who use yearly charts, I'm curious how long your trades typically last.
     
    #22     Oct 29, 2013
  3. Redneck

    Redneck

    What ever TF price determines - current one goes back to 09

    One before that - 07

    RN
     
    #23     Oct 29, 2013
  4. Jason Rogers

    Jason Rogers ET Sponsor

    What trade is that, RN?
     
    #24     Oct 30, 2013
  5. Redneck

    Redneck

    What a strange question...., anywho

    The answer; All of them

    Unless you think it prudent to enter a trade while not knowing price’s current place in the overall move

    Personally – I view that as foolish trading


    But..., I must also acknowledge..., there are many ways to make money trading - so it may be possible

    RN
     
    #25     Oct 30, 2013
  6. 30 second chart.
     
    #26     Oct 30, 2013