What's the Best Timeframe for Forex Trading?
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- Опубліковано 14 кві 2024
- "The best timeframe to trade is on the 5min Timeframe". This is a common phrase we hear a lot from traders, whether it's the 5m, 15m, 1H, etc.
In actuality, Navin and Ryan speak about how timeframe doesn't really matter if you are focussing on trading the price of the market, instead of focussing on timeframes.
Now in the video, they go over what does it mean by focussing on trading only the price and nothing else in the market.
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//DISCLAIMER
This video expresses our personal opinions only. Trading financial markets involves risk, and is not suitable for all investors. We are not responsible for any losses incurred due to your trading or anything else. We do not recommend any specific trade or action, and any trades you decide to take are your own. - Навчання та стиль
Wow❤❤golden answer. Thanks Mr. Navin
You're welcome! 😊❤️
Mr. Navin i really like and enjoy how you disect your analysis. I have learnt something. Thank you.
Good day to you Sir Navin.thanka and appreciate..new lesson again❤
This come in at the right time as this is the part that gives me concern in my trading journey now
I know I recently went back to Scalping. Swinging was too slow. First week back. I'm up faster than I i would be if I was swinging. Gains locked in. Only 3 trades. Great quality setups. Feels so good not to be holding positions anymore. Lol
We are thrilled to hear about your discovery, keep up the good work. Happy trading!
thanks for your free info
You are welcome!
I dont agree with Navin. Any trader's chosen Time Frame is the Time, trader is ready to WAIT before he checks few things and decide whether he should Enter or Exit a trade. If X is following 15min then X would wait 15/30/45min before he decide to Enter/Exit. If Y is following 60min then Y would wait 60/120/180min before he decide to Enter/Exit. If in between Price has reached a particular level, still one should wait minimum that ONE UNIT of time ( one bar ) to check the price ACCEPTABILITY in that very level. Hence CANDLE CLOSING is important and waiting for the Candle Close is important. If anyone chose 60min time frame, he should ask himself whether he has patience and matching attitude to seat idle for 60min before he takes a call! A big institution might chose a particular price to Buy or Sell but we the retail trader need to WATCH his ACTIONS before we decide our Buy/Sell. For that a minimum price action watching time must be there for me and that is my Time Frame!
You don't get what he try to explain.
I agree. It's like saying in your life you are approaching age 25 but you already know when you're going to die in the larger scheme of things and so just because you have touched age 25, you have to enter your task. Would anyone do that? Absolutely not. You'll view your dynamics at your present age and see if it is favorable for you to enter into your endeavour. You just can't say that because you have touched your age, it's a go go. I differ with Naveen on this one. I want to know what's my exposure to the market and for how long. That's only possible if you know a trading time frame.😢
Watch the housing analogy at 0:30 doesn’t make sense to wait 5 years to buy and house at a certain price when someone else already buying it at the same price and they can’t wait!
You clearly don't understand the point. It is up to you which time frame you prefer to view the chart.When you are taking a trade or viewing the market you need to check each time frame. Just because you watch a candle for an hour does not mean that a single candle will sit . You have to watch 5 minutes 15 minutes 30 minutes one hour for hour candle all at the same time.. Give it some thought.
thx for the video guys, a quick note tho!! may be lower the volume for the suspense music running in the background, feels like a CSI event about to happen :))
0:12 yessss it is ...I saw the nasdaq tradinding above that last weekly candle close so I took buys bcuz the market was buying trades all done b4 830 a tp for runner hit right after 830am saw them coming for my sl ireplaced a Lil above break even and price went on it way to my tp ... it's not the charts that move its price navin says ....that plays in mind all day all every at the back of my mind? .... 3:29 all I drew was a horizontal line at last week's candle open and close ...saw price trading above last week's close it was no Brainer to buy ...TY Navin TEAM UF for helping me with my trading Logic ..what ppl need for do is take Navins words literally every word he says is meant to be taken how he says it and if one can open their mind they will see what he says
THANK YOU NAVIN SIR GOLDEN INFORMATION AHA MOMENTS AS ALWAYS ❤❤🙏🙏
The big boy move on the biggest time frame I learn that from this guy it help me a lot when I look for price direction and mix with forex news it’s really powerful . This guy it’s the only that teach something important on trading I will buy the course in the future
Nice explanation.
We are glad you enjoyed it!
Brilliant!
Thank you! 😊
Hi Navin, Is marketbeats only available on the mac? Many Thanks, James, Uk
You’re The best ❤❤❤❤
We appreciate your love, you rock!❤
Mr. Navin thank you for everything 🙏🏾.
Am wondering if i could find a broker or any site that can show not correct but somehow better volume (over all)for forex and gold..it will be life changing if you make some videos about it.....🙏🏾🙏🏾🙏🏾🙏🏾
Can u make a video about when to take partial profits or letting trades run
Literally asked this question yesterday via email however it was more on the how. Us busy wage earners slaving for pennies are lacking time to trade. Going daily/4h for example, do you still enter around an open or close of market? Does it really matter? I'm finding it impossible to find the right moment thanks to the crappy expensive country I live in. Cheers team.
Many successful traders use TPO charts (not in forex) so how long price remains at a level can clearly be a factor!
yourer really a wizard, witch and evrything........it seems you're the founder of this forex trading......whaaaat?
i wish to see you someday and learn huge from you......i love your simplicity and clarity
so smoooth, i wish i have money to register for your vip class
am new baby to forex trading and everything is actually complicating to me........i dont wanna give up though
Thank you for your kind words. You can start slow with the MPA 2.0. I would love to see you there.
MPA 2.0 urbanforex.com/mpa-2-0-learn-more
Why urban forex is not available in our country???
Time frames are mainly for interpretation of Price action... short term price action ( lower time frames) and the big picture ( higher time frames). It's just a picture of what's happened in the past and you have to guess what's going to happen next. Fundamental analysis is the key to success plain and simple. Times frames are only used to narrow down YOUR preferred entry point.
it is the price, not the time frame. Price determines decision
So should the right question be what price to trade at???🤔🤔🤔
I would say just follow price action
How you know when Is right price to buy or sell ??
Basic economics....Demand and supply...buy at a discount prices, sell at premium prices.
That's a complex question to answer in the comment section. If you would like to go deep on that topic and many more, I recommend you check out The Mastering Price Action 2.0.
Here is the link www.urbanforex.com/mpa-2-0-learn-more
when unicorn course will release?
What is unicorn course
What is unicorn course
HII Navin Hope u doing well
I had one simple question
Why don't u trade in the Gold XAUUSD ?
if you want to blow your account your choice, bro gold is monster
@@amarsanaagalbadrah4144 why is like that
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Time is a human factor. Price is price
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Who gonna knows which price 🧐....bigger tf helps you where it is going
But Naveen time makes you more emotional...😮
Huh what😇😇😇
Where are u navin i miss you please appear and tell us some secrets and be our savior ❤️🔥❤️🔥❤️🔥
He is around! ❤️
Brilliantly devilish
forget about the MS, timeframe is the biggest illusion
I wish I had 7.5k usd so I could get DODP.
Nevertheless, not gonna leave a single video on YT with his face in it 😊
Hi urban forex team can some1 please tell if if I right . Because I seem to be getting into alot of false breakouts . Is there a time in the year when the markets behave different. For e it seems price is much more choppy ,it doesn't seem to rally as much as it did . Like January, Feb March was very nice to trade . But now April month my strategy seems to get stop out alot .
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