I think that the H4 is perhaps a little too short for that. I would advise to use at least the D1 one.You won't need more than an hour when trading H4 time frame. You just need to choose a strategy that allows for get profit and stop loss.
No, it's not short. For example if you dedicate 1 hour to trading per day at a particular time, then in 24 hours you'll have only 6 candles, and then with them you'll be able to see how the graph will play out in the future.I think that the H4 is perhaps a little too short for that. I would advise to use at least the D1 one.
First of all, try to trade on demo and choose your style for yourself. The main idea is that you can trade every style, you just need to check your positions when you have free time if your trade timing is more then 1 hour. Or you can use EA that will trade instead of youGood day everyone.
I found that in forex, events happen at random times during the day. Opportunities and dangers come and go anytime throughout the day. However, I won't be able to look at the charts the whole day, and be there the moment they arise. I've got one hour a day to spend on forex. It should be possible to still successfully trade forex by spending only one hour a day.
So, how does one spend the one hour?
What kind of trading styles should be looked at?
What range of timeframes is recommended for one hour a day?
In what range of timeframes can you learn something new everyday?
What range of timeframes are the least risky?
Mike, sure, you're right. If I want to earn, not to loose, I have to wait... Forex is about testing one's nerves