Selecting the Right Time Frame for Trading Decisions:

The time frame you prioritize should align with your trading strategy. For scalpers, the 1-hour (1H) chart serves as an essential guide to identify the prevailing trend. Once the trend is established, smaller time frames (e.g., 5-minute or 15-minute) can be utilized to pinpoint optimal entry points—preferably at local lows indicated by the 1H chart. For exits, aim to sell near 75% of the 1H chart's high. However, if the 1H chart shows a clear bullish trend with strong momentum, holding the position may be more beneficial.

While short-term charts help in fine-tuning entries and exits, larger time frames (such as 4H or daily charts) offer a more comprehensive view of market sentiment and trend direction. Always incorporate insights from these broader time frames into your decision-making to avoid being misled by short-term volatility.