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Best time frame for news releases

Discussion in 'General Forex Talk' started by Sokabi Moses, Nov 10, 2007.

  1. Sokabi Moses

    Sokabi Moses Private

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    Following Felix's theory of the spike and then the retracement. I seem to have a problem on the actual time frame to use.
    What is the best time frame to use to get the true picture of the spike, then the retracement? Would really appreciate replies.
    Thanks.
     
  2. Pipster61

    Pipster61 Recruit

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    I personally use M1 time frame as the price action can move very fast in the
    1st 1/2 hour. hope that is what you are looking for.
     
  3. Sokabi Moses

    Sokabi Moses Private

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    Thanks

    Thanks pipster..that helps....
    so i guess ill have to look for the spike on the M1 chart, and then wait for the retracement.
    Thanks
     

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