In today’s episode, you’ll discover the best timeframe to trade for beginners.
So go watch it right now...
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#1: The Ultimate Guide to Price Action Trading: https://www.tradingwithrayner.com/ultimate-guide-price-action-trading/
#2: The Monster Guide to Candlestick Patterns: https://www.tradingwithrayner.com/candlestick-pdf-guide/
Check out these TOP trading videos
#1. Ultimate Forex Trading Course for Beginners: https://www.youtube.com/watch?v=RqwTcg0EuJU
#2. Support and Resistance Secrets: https://www.youtube.com/watch?v=PuboYnBc0t8
#3. Ultimate Candlestick Pattern Trading Course: https://www.youtube.com/watch?v=C3KRwfj9F8Q
#4: Price Action Trading Secrets: https://www.youtube.com/watch?v=eddj9v1CfA4&t=2s
#5: MACD Indicator Secrets: https://www.youtube.com/watch?v=eob4wv2v--k
And finally...
If you want to level-up your trading and beat the markets, then check out Pro Traders Edge: https://www.tradingwithrayner.com/pte/
So go watch it right now...
👇 SUBSCRIBE TO RAYNER'S YOUTUBE CHANNEL NOW 👇 https://www.youtube.com/subscription_center?add_user=tradingwithrayner
Check out my FREE trading strategy guides
#1: The Ultimate Guide to Price Action Trading: https://www.tradingwithrayner.com/ultimate-guide-price-action-trading/
#2: The Monster Guide to Candlestick Patterns: https://www.tradingwithrayner.com/candlestick-pdf-guide/
Check out these TOP trading videos
#1. Ultimate Forex Trading Course for Beginners: https://www.youtube.com/watch?v=RqwTcg0EuJU
#2. Support and Resistance Secrets: https://www.youtube.com/watch?v=PuboYnBc0t8
#3. Ultimate Candlestick Pattern Trading Course: https://www.youtube.com/watch?v=C3KRwfj9F8Q
#4: Price Action Trading Secrets: https://www.youtube.com/watch?v=eddj9v1CfA4&t=2s
#5: MACD Indicator Secrets: https://www.youtube.com/watch?v=eob4wv2v--k
And finally...
If you want to level-up your trading and beat the markets, then check out Pro Traders Edge: https://www.tradingwithrayner.com/pte/
Hey, hey you what's up my friend, so welcome back to today's episode, where we'll be discussing right, which is the best time frame to trade for beginners. So here's the thing right, often right when you are just getting started in trading you're wondering no, especially for X. I, which timeframes, do you train right? You got a 5 minutes, the 15 minutes, the daily, the 50 20 minutes whatsoever, and then you got some gurus telling you that you know you just you should stick to the higher time frames, because the price section is more reliable. The signal is more reliable and then you got traders who trades off the lower timeframe and then define success as well, so what's going on, which is the best time frame to train.
So by now you should realize that there's no best time frame out there and there is no such thing. As you know, one time frame is easier to treat than the other, because if that's the case right there, smart money would have come in right and treatment. Easy time frame right and I wrote whatever age there is in that time frame, so there really isn't any best time frame out there. But with that said right, there is a best time frame right, given your circumstance as a beginner.
So, for example, let me share with you or let's say you are a beginner to create it in you have a full time job. You don't have time to lose stare at the markets all day. Long then, clearly right the best time frame, for you would be anywhere above the four hour time frame like the daily time frame. That would be suitable for you, because you don't have to spend all day watching the markets right.
The candle is only painted once a day, so if you have a full-time job, you can check the markets before you leave for work and see how yesterday's market has closed. Maybe if any positions you could enter it and then you let it be and go to work. I really come back. It just monitor your position and see how that is so checking about 1 to 1 to 2 times a day right.
That's enough right! If you have a full time job and on top of it you you can make better decisions, because when you are new to trading things, you know can get stressful at time. No man do I buy this price point. You know how do I calculate my my risk right? How many shares do I buy? You know how many units do I trade, whether I said my stop-loss all this needs time to process and think and when you trade off the daily timeframe, things are much slower because you know the candle isn't going to close with the next few seconds. So you have more time to make your trading decisions.
Trading becomes less stressful for you and on top of it right, because you are trading off the higher time frame, you can monitor more markets. You can look at Forex. You can look stocks indices whatsoever because again write those Kendall's, the only a painted once a day. So this gives you access right to monitor quite a number of markets, and you know in front of your colleagues you get a feel pretty small, or do you know that oil collapse to a negative price? Do you know and stuff like that? So so yeah, that's a benefit right for you. If you have a full-time job right trading off the higher time frame like the daily time frame, is good right, and I would say that it would be one of the better decisions that you can make or time frame that you can trade. On the other hand, what if you are someone who let's say you just graduate from school right and you have time on your hands - you don't have a job yet and you wan na learn more about the markets, which is the best time for him to tree. Clearly, if you're trading off the daily or a weekly timeframe, it's too slow, because you know you have so much time on your hands, you don't want to wait 24 hours for Kendall to close alright. So this is where you can go down to a lower timeframe.
Alright, especially if you want to learn more about trading quickly, you can go down to, for example, the two hour time frame. I find the two hour time frame is good because it is fast, but not so fast to the point where you have to make. You know split-second decisions. No, there is still time for you to plan your trees to think it through, because now, instead of you, know the Kendall painting once every 24 hours it now, it's painting, you know once every two hours, and the thing is that the market will be seem to Be moving much faster now market is moving faster and you know you can place more traits.
You can learn more and at the same time right because you are trading off that the two hour time frame, you will be exposed right to different sessions of the market. Like, for example, the for accession, if you trade off the two hours time frame right, you will start to be exposed to the Asian session where the markets are moving slowly. London is where things pick up. New york and london overlit was the most volatile session and then you know it goes quiet again.
So your if you're trading the 12 hour time frame right, you will get to experience this and learn this as well. But again, that's because, given your circumstance right, you have a bit more time right to watch the markets to trade off the two hour time frame. So there you have it right. There really isn't any any best time frame out there right, for example, when I first started right when I graduated from university or while during my university days, I had times on my head, so I was actually there bling on the 20 minutes and 1 hour time Frame because I had time to spare, I had time to look at the market right to see what it's doing and not to learn as much as I could.
But that's given my circumstance and today right now my circumstance has changed right. I know the trade-off. The 30 minutes timeframe, or the 1 hour timeframe, the highest time frame or the minimum time frame that I trade off right now, it's at least the forward time frame, I trait meaning. Now the 4-hour, the daily and sometimes even weekly, tries for my for my systems. Trading so yeah there you have it right, the the best time frame for beginners right. So this sign right on your circumstance right and then you know, select the time frame right. Given you know what you can manage right, given your your constraints around you, ok, so there's really no bears or magical or easy time frame right. It all depends on you, the trader, so we that's it.
I wish you good luck and good trading I'll talk to you soon. You.
But sometimes you lose the opportunity if you trade on daily.
Your the best you’re my mentor your video helps me to turn 100$ in 11500$ in a two weeks thanks am so happy 😁 I support your channel I subscribe thanks
I'm a bit of noob here. Recently started trading and the timeframe thing confuses the shizz out of me that's why I look to trade fundamentals instead each day with medium to high volatility.
But my question is If you're on a 15min timeframe, do you only take into account data from the 15min time frame to confirm a trend and relative strength, especially when using bollinger bands and rsi when trading currencies or would you look at longer periods as well to gain to some perspective and vice versa 🤦🏽♂️🙇♂️
hey hey wathapps my fnds i love this word❤️❤️❤️😀
Great suggestions. When I started, out of excitement I used 1 and 15 mins timeframe….it was stressful. There were days of profit but also good losses. Decided to use now 4 hour and 1 day on weekdays and 1-2 hour on weekends to learn and possibly make small gains. I hope that works with minimum stress.
I think the pandemic has taught people a big lesson, having one stream
of income is not really a good idea cause your job doesn't secure your
financial needs. The pandemic has really set out business minded people
from the rest that is why I'm so lucky to be amongest the investors
trading with Harry_fxvalue on insta as his student it's been success and
happiness since the beginning of my trades!!!
Thank you so much bro. God bless you.
H4 and above is the best timeframe to trade trend, trend reversal, etc.. H1 is good to trade the triangle pattern break and support resistance strategies
thanks bro for helping others and new for crypto. God bless
The key is that slower time frames enable you to plan well and also trade more commodities.
Hi brother can you help me to make a video about the proper risk management for beggars please please for the love of god please I know it’s not easy
Is the 2hour timeframe is the best for crypto?
I like the accent reminds me of my long lost childhood friend from Singapore
on the daily time frame can u only enter one trade at a time ?
I'm a new trader and a slow learner 🤯 and I'm still trying to wrap my head around the changes to indicators when you change your time frame. For example, if the ATR 14 value is 4, why does that value change up and down when you change the timeframe? Shouldn't the ATR for the last 14 days be static regardless of the timeframe you choose? I know this will sound stupid and I will be embarrassed down the road when I look back at it 😂😂
Hey heyyy. What's up my friend…. 👍
Just graduated from college and no job is open due to the pandemic, thanks Rayner for the advice, I'm gonna use H2 from now on
Hi Rayner, what is your opinion about the 8h timeframe? It’s faster than the D1 and slower than H4. Also the H2 for entries. What do you think? Thanks 🤜🏻🤛🏻
¡Greatest of all time!
Thank you, my friend!
Respectfully I’ll ask. How do y’all really get answers on YouTube . The world gets easier as it’s better to handle both your investments and risk to a better bitcoin enthusiast like CRYPTO_CASCADE on IG rather than having constant loss or falling for a catfish. She’s an attested wallet manager and you don’t need to be worried about risks because you get better profits even at harsh rates
Explained the best i've seen on YouTube!!!!
I thought about this and thank God you hit the topic.
"Hey, hey, what's up mah friend?" 🙂 Thanks for the free learnings mah friend! 🙂
Love all the info Rayner….I just wondered which platform you would suggest for back testing ?
Love your work man. Thank you, liked ans subscribed
Bitcoin investment will be the wisest thing to do in 2020 especially with the current rate
Rayner, always good content. Are you using OBS to do your recordings?