What
is the best time frame in Forex market? What is the most profitable
time frame in Forex? These are the common questions are rising day after
day in minds of Forex traders.
Actually each time frame displays same data, but in different intervals.
Let’s take the most preferred Forex time frames:
Let’s take the most preferred Forex time frames:
- M1
- M5
- M15
- M30
- H1
- H4
- D1
- W1
- MN
These
time frames are also perfect for beginners to test their feel about
the Forex market. On daily charts each price bar represents one day,
thus a change on the chart will be observed once a day. On hourly time
frame new price bars will appear every hour, putting more data on the
chart for analysis. 5 minute chart will produce a new price bar every 5
minutes, showing market changes fast and in greater details.Each time
frame can be traded successfully and yield opportunities for profitable
trading.
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