Many traders think that it is best to trade with a timeframe and what is the profit if you trade with it. In fact many traders do not know what is the difference between the two timeframes and both are not exactly the same, each has its own advantages and disadvantages. You will understand which timeframe is right for you and of course there are advantages to each of them after reading this article.
The analysis part becomes really easy when it comes to big time. It is easy to analyze and with it easy for the business because of the low noise nature of the market so it is easy to identify the market flow. The larger the timeframe you choose, the easier and more accurate it is to analyze. The downside to choosing a short term is that it is difficult to analyze. Remember, the shorter the time frame, the harder it is to analyze. In a short period of time, you realize that there is a lot of noise in it. It is difficult to identify the market flow because you can see that most of the things the market is always integrated into.
The larger the timeframe, the easier it is to analyze, but the advantage of using a larger timeframe does not stop there. The longer the term, the bigger the profit you will get in return. For example, if you search the daily chart or even the weekly, you will find that each pendant in the market represents hundreds of pipes, if not thousands! The shorter the term, the less profit you will get. This does not mean that the short term cannot take advantage of the market but you will see the latter.
As I said, even a short period of time can take advantage of the market but the chances are low. The great thing about choosing this period is that as much as you want to trade, the opportunity that you will take is almost without limits. Most of the traders involved in this period are mostly scalpers. In the big time period, most of the time you are able to trade 1-2 times a day and sometime in a day you do not see any signal and that is normal. In fact, once you take a trade, the chances of winning the trade are very high and very profitable since you already know the profit and the analysis part right?
In conclusion, I see that there is a high probability of big time if you do business with it but remember, I have only listed 3 things in this article and there are actually some more advantages and disadvantages that I would like to talk about, but 3 The most important part of the thing that I mentioned here. Now, you can test it and switch the time period on your chart platform and you will see this difference right now.