I'm considering using the H4 timeframe for my analysis or trading strategy, but I'm not sure if it's a good choice. Can someone advise on the suitability of the H4 timeframe?
5 answers
JejuJoyfulHeartSoul
Thu Nov 28 2024
The 4-hour and daily time frames present exceptional advantages for traders focusing on price action.
GeishaWhisper
Thu Nov 28 2024
These lower time frames include charts like the 15-minute or 1-hour, which might not provide a comprehensive view.
TaekwondoMaster
Thu Nov 28 2024
I personally utilize both these time frames when engaging in Forex market trading.
CryptoWizardry
Thu Nov 28 2024
Among the two, I prefer the daily time frame for making my trading decisions.
EnchantedDreams
Thu Nov 28 2024
Many traders often make a common mistake by initiating their analysis on lower time frames.