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  1. #1
    Senior Member raymond09's Avatar

    Investing day time chart !!!

    I'm mixed up upon whenever will be the greatest time to invest day time chart. I'm thinking about investing day time chart of the selection of foreign currencies but tend to do that daily. Can someone really get one time will be able to overview all of the chart following your times candlestick has shut and all sorts of information symbolized can be done.

  2. #2
    Master Member Bogdan G's Avatar
    I am sorry, but you are not coherent. I can't understand what you are asking or if you are really asking something. You are not making sense, mate.

  3. #3
    Legendry Member willyw's Avatar
    I agree with Bogdan raymond09 post is not making sense. If my guess is not wrong, raymond09 means that at what time of the day does all time frame candlestick closes and the trend coincide together at the same time. If this is the case, there is the possibilty and you have to have multiple monitors(split monitors) to do it and glue to all the screen 24 hours a day to witness that to happen and have charts of all the time frame in front of you.
    Raymond09, did I get you right or wrong.

  4. #4
    Legendry Member Michael Hodges's Avatar
    I think, and I am not sure about this, that he is asking when is the best time of day to invest in everything at once? Like what is the best time of day to enter trades for all that he is watching? If this is the case my answer is overnight when all the markets are closed, this is usually from the close of U.S. sessions through the openings in Australia and New Zealand. However, currencies trade 24 hours in most cases, there would be no good time ..... If I translated the question right....

  5. #5
    Specialist Member marvel's Avatar
    I see your idea Michael is that when the volatility is very low during the Asia session, but I think the European morning session offer a lot of surprises and it is not a good idea to enter in advance? I prefer to buy options in early US session when the volatility is higher and the movements are more directional and when the market is trending it is the best time to enter in the trend direction.

  6. #6
    Veteran Member Ammeo's Avatar
    Quote Originally Posted by raymond09 View Post
    I'm mixed up upon whenever will be the greatest time to invest day time chart. I'm thinking about investing day time chart of the selection of foreign currencies but tend to do that daily. Can someone really get one time will be able to overview all of the chart following your times candlestick has shut and all sorts of information symbolized can be done.
    I think u are referring to investing according to the DAILY CHARTS. Something the position traders and long term investors look onto (i also use daily/weekly charts for my charting purposes and dont use intra-day timeframes)...I have personally found trading on daily and weekly charts much more easy and relax and u can start with them right away. You dont need to be experienced enough to be using bigger timeframes. It all the same thing, only time period and long term outlook changes. I hope its what u had asked for.

  7. #7
    Veteran Member uj.forex's Avatar
    true.. i agree with u ammeo...

    daily charts are pretty easier to follow if u are using price action theory or even fibonacci retracement.... moreover, another strategy that works amazingly on daily chart is the use of 200 EMA.... where price moving above it wud be buy, and below it wud be sell.... try it out...

  8. #8
    Legendry Member willyw's Avatar
    Quote Originally Posted by Ammeo View Post
    I think u are referring to investing according to the DAILY CHARTS. Something the position traders and long term investors look onto (i also use daily/weekly charts for my charting purposes and dont use intra-day timeframes)...I have personally found trading on daily and weekly charts much more easy and relax and u can start with them right away. You dont need to be experienced enough to be using bigger timeframes. It all the same thing, only time period and long term outlook changes. I hope its what u had asked for.
    I totally agree with Ammeo, trading with daily and weekly charts is much more easy and relaxing. I too trade using the daily and weekly charts.These charts gives us a clear picture of the major move.

  9. #9
    Junior Member
    Chart selection is mostly a matter of personal preference. Some investors like Line charts while others like Bar charts or Candle Stick charts. Line charts are mostly used when limited data such a the Open or Close prices are only known while Bar Charts and Candle Stick charts are used when more comprehensive data is available.

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