The best way to trade the lower time frame in the market

Discussion in 'Finance, Book keeping and accounting.' started by Sandy Smith, May 25, 2017.

  1. Sandy Smith New Member Verified Member

    Sandy Smith
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    There are many different kinds of traders in the forex market.If you look at the diversity among the traders then you will be stunned to see every single individual in the forex market has their own unique way of trading the live asset. The experts in the United Kingdom always trade the live assets based on their own developed trading system. But in order to develop your own trading system in the market, you will need a very clear understanding about the forex market. Most of the novice traders in the forex market fails to make money in the online trading world since they trade without having any valid trading strategy. Unlike the novice traders, the expert in the options trading industry always executes high-quality trades in the market based on their own trading system. Though there are many different ways of trading the live assets in the market but trading the lower time frame is one of the most complicated systems in the world. In this article, we will discuss how to trade the lower time frame in the market.

    Trade in favor of the trend

    When you are trading the lower time frame in the market you are actually trading the most volatile conditions in the market. Though trading the lower time frame is very challenging but the experts in the options trading industry always trade in favor of the trend in the lower time frame nad makes a decent income at the end of the month. So if you truly want to trade the lower time frame in the market then you need to learn to trade in favor of the long-term trend in the market. The best way to find the existing trend of certain assets in the market is by using the daily or weekly time frame. When you look at the price movement in the bigger time frame you can easily find the existing trend in the market. However, if you are relatively new in the forex trading world then you can use the 100-day moving average to find the existing trend in the market. If the price trades above the 100 days SMA in the daily chart consider it as an uptrend and if trades below the 100 days consider it as a downtrend.

    Use price action confirmation signal

    Price action trading strategies one of the easiest way to become a profitable trader in the forex trading world. The experts in the options trading industry always trade the live assets by using the price action confirmation signals in the market. Though there are many different kinds of reliable candlestick pattern in the forex market but you need to focus on the reliable trading signals only. Once you master the basic candlestick pattern in the market try to find the key support and resistance level in the market. The professional traders in the financial industry look for price action confirmation signals in the market in the lower time frame and trade them with précised stop loss and take profit level.

    Reduce your risk exposure level to 1 percent

    Trading the live assets in the forex market is one of the most complex tasks in the world.If you look at the forex experts then you will notice that even after doing all the things perfectly in the market they are still having some difficulty in executing high-quality trades. No matter which trading strategy you follow in the market it’s very obvious that you will often have some losing trades in the market. The experts in the forex trading industry use the use strict risk management factors to reduce their risk exposure in the market. But when you trade the smaller time frame in the market you need to be extremely careful due to excessive false signals.
  2. karen New Member Verified Member

    karen
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    Thanks for sharing.

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