Forex - Scalping Time Frames

The ability to master most of the times frames including major and minors such as Monthly, Weekly, Daily, 4 Hourly, 1 Hourly, 30 Minutes, 15 Minutes, and 15 Minutes are very important to scalpers. The lack of understanding for most of the time frames will only bring a temporary success to a certain time frames and fail on the rest of it.

The understanding of time frame is not an easy task as each of them show different degree of movement and different patterns. It also represent the length of time how long should you stand a position there before making an exit for example 5 minutes time frame usually takes 10 to 15 minutes for you to hold before making an exit. So your adventure of understanding the time frame make you another task that takes months or a year to study. However the rewards of understanding will certainly put your a step further to become a successful scalper.

What then could be the reasons we need to understand most of the time frames? Well!! because we want to be precise in our decision when opening a position. The time frames is like a chicken and eggs paradox as if without the chicken the eggs will not exist and vice versa. Time frames work the same way as the major time frames show the overall direction of the move while the minor leads the way. The opposite also true as the minor time frames create the way for the major time frames.

So we use the major time frames in order to measure the overall direction of the target and scalp along the way using the minor time frame i.e. 5 minutes.

An example of minor time frame movement in the 5 minute candlestick chart above. It 5 minute view it move in stages, but if you look at 3o minute or hourly chart view it shows smooth movement downwards. However i am unable to provide that 30 minute chart this time, but you can always check it out yourself. It happens everyday on the forex chart.

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