Yes, I also prefer 1 hr time frame for day trading.I prefer 1hr for the daily chart.. when doing scalping 1min and 5min
High five on thatYes, I also prefer 1 hr time frame for day trading.
I like your idea we c should not see only one time frames it should be confirmed by seeing different times and see how market moved and will move next. For scalping and other trading too I see 15 min, 5 in , 1h 4h time frames , I can see difference and evaluate results at this time for my trading which will be suitable.I use a higher timeframe to evaluate the overall position, say 1 or 4 hours. I then use 15 min or 30 mins to establish a good entry point. This seems to work for me but its interesting to read the other comments here for ideas and tips.
Indeed! that is a good method for evaluating the results.I like your idea we c should not see only one time frames it should be confirmed by seeing different times and see how market moved and will move next. For scalping and other trading too I see 15 min, 5 in , 1h 4h time frames , I can see difference and evaluate results at this time for my trading which will be suitable.