Time Frames in Currency Trading

Time frames or intervals in trading are the periods during which price data is displayed on charts. They play an important role in understanding market movements and making successful trading decisions.

Time frames are divided into three main types:

Short: such as 1 minute, 5 minutes, 15 minutes, and are used for quick trades during the day.

Medium: such as 1 hour and 4 hours, suitable for swing traders who hold positions for days.

Long: such as daily and weekly, preferred by investors who monitor major trends.

Professional traders use more than one time frame to confirm the trend and determine entry and exit points more accurately. For example, a trader may look at the daily chart to understand the general trend, and then use a shorter time frame to time the trade.

By choosing the appropriate time frame, trading strategies can be improved and risks reduced.

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