How to Read the M15 Time Frame

Time frame in trading refers to the part of the time period used by a trader to make a trade. The fragments of this time period vary from a few minutes to several days, weeks, or months.

In principle, every time frame can be profitable. Trading opportunities can appear on any time frame. If done correctly and with discipline, profitable trading can be done on any time frame. It's up to the trader to decide which time frame they want to use.

Traders in all markets will use various time frames to analyze and use their analysis in open positions in the market. Another interesting fact, some traders prefer to trade using a time frame of 30 minutes while others use a time frame that is shorter than 5 minutes even though the MT4 platform has provided 9 different time frames.

Regarding the choice of time frame in trading, when analyzing the chart, each trader usually uses a different trading time frame. Some choose to use lower time frame trading and some are accustomed to using higher time frame trading.

If you use M15, it means the movement of the candle or chart for 15 minutes, and after 15 minutes a new candle will form. Likewise with M30 (30 minutes), H1 (1 hour), and so on. Another example, if the movement of 4 candles on M15 is the same as the movement of 1 candle on H1. The time frame used will be related to the trading system used. If a trader with a scalping system then the trader will use H1-H4. If he is a long term trader or swinger then the trader will use D1, Weekly-montly.

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