Forex Time frame

Forex Time frame
When watching the price movement of a currency, the primary goal of this is concentrated to answer the following question: Is the currency will rise or fall? How many points will rise or fall?
Based on the answer to this question will decide either to buy or sell currency.
To be able to answer this question you need to know how much the price of this currency by the hour from now and how it was before the two and three and four hours if I found that every hour the price of the currency rise more and more, there is if possible to continue to rise so you can to conclude that the price of the currency could rise after a few hours and this means that the best option to buy the currency because the price rise in an hour and an hour behind.
When studying the movement of currency rate hour and an hour behind, we say that the time frame that weighs a price movement is under time Hourly.
May see fit to know how much the price of the currencies in the previous day and the day before and the day before for a few days earlier, and if found that the price of the currency rises days behind on, you can conclude that the exchange rate may continue to climb in the coming days and therefore may be the right to buy the currency.
When studying the price movement on the currency behind the day, we say that the time frame that weighs a price movement is a window on Daily.
So you can study the price movement for any time you like, whether an hour or an hour behind the day behind the day or week and a week behind any degree you wish.
In fact, stores can study the price of any currency on the basis of:
Every minute, 1 Minute: any you can know how much the price of the currency before the minutes from now for a few minutes earlier.
Every quarter of an hour 15 Minute: any you can know how much the price of the currency before the quarter of an hour from now Eraba for several hours earlier.
Each hour Hourly: any you can know how much the price of the currency before the hour from now for a few hours earlier.
Each day Daily: any you can know how much the price of the currency before the day now for several days earlier.
Each week Weekly: any you can know how much the price of the currency before a week from now and for several weeks earlier.
A study of the price of other periods such as every 10 minutes or 5 minutes .. Etc.
So you know that you can learn the price of any currency any time they want.
Let us take an example: Suppose you want to monitor the price of the pound against the dollar .. Will open a special program fee chart Chart package software.
Will choose the graph of the pound sterling and will choose for example to monitor the pound on the basis of time hourly .. Here you can learn how much the price of the pound an hour ago and before that for a few hours earlier ..
Suppose you found that the price of the pound fall hours behind the hour .. If there is a possibility that continues to decline and ensure the validity of this conclusion may choose to see the movement of the pound on a daily basis .. Here you can learn how much the price of the pound the day before and for several days previous to assume you found that the price rise on the pound behind the day ..
May make you pause .. Valjnah rising every day but when watching calories during the hours you find lower and this may make you think that the price drop in the hours is a temporary reduction because you see that the price of the pound rises every day and legal that will increase today and in the coming days, The decline the current price and that you see when you monitor the price on the basis of time permissible to change the height ..
Please do not worry that if any difficulty in the previous example Vstfhm more shortly, what concerns us now is that the tariff that the price control on the basis of different periods of time helps you to control the price of "different perspectives" and this gives you a more comprehensive idea of ​​the likely direction of price movement.