What do most people consider the smallest time frame candlestick patterns are reliable(didn't want to use the word reliable, but couldn't think of anything else at the moment) and not considered noise in the price action?
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DislikedWhat do most people consider the smallest time frame candlestick patterns are reliable(didn't want to use the word reliable, but couldn't think of anything else at the moment) and not considered noise in the price action?Ignored
DislikedDepends a lot on what pairs you are trading, but personally, I wouldn't try smaller than 15 minutes, as there should be a fair enough movement as far as pips go. Also, a good idea would be to use slightly larger time frames like 30 min and 1 hr to confirm that you are trading with the trend. Personally, I use daily candles, but this is just a preference.
Hope this helps,
KevinIgnored
DislikedThis is very good advice. 10 min signals on down is noise during the peak (first 12hrs of the open) trading sessions. You would have to rely on the larger time frames to see where the market is going and use the smaller TFs to signal when the reversals are taking place. One must use these candle signals in conjunction with pivot points and fibs.Ignored
DislikedWhat do most people consider the smallest time frame candlestick patterns are reliable(didn't want to use the word reliable, but couldn't think of anything else at the moment) and not considered noise in the price action?Ignored