Home » Misc » Define minute small

Define minute small


Minute Definition & Meaning - Merriam-Webster

1 of 3

min·​ute ˈmi-nət 

1

a

: the 60th part of an hour of time : 60 seconds

b

: the 60th part of a degree of angular measure

Its latitude is 41 degrees 55 minute north.

2

: the distance one can traverse in a minute

Five minutes down the road is a gas station.

3

: a short space of time : moment

Dinner will be ready in just a few minutes.

4

a

: a brief note (as of summary or recommendation)

He received a minute of instructions.

b

: memorandum, draft

sent the president a minute explaining the problem

c

minutes plural : the official record of the proceedings of a meeting

The secretary read the minutes of the previous meeting.

minute

2 of 3

mi·​nute mī-ˈnüt 

mə-,

-ˈnyüt

1

: very small : infinitesimal

2

: of small importance : trifling

3

: marked by close attention to details

minuteness noun

minute

3 of 3

min·​ute ˈmi-nət 

transitive verb

: to make notes or a brief summary of

Synonyms

Noun

  • beat
  • eyeblink
  • flash
  • heartbeat
  • instant
  • jiff
  • jiffy
  • moment
  • nanosecond
  • New York minute
  • second
  • shake
  • split second
  • trice
  • twinkle
  • twinkling
  • wink

Adjective

  • blow-by-blow
  • circumstantial
  • detailed
  • elaborate
  • full
  • particular
  • particularized
  • thorough

See all Synonyms & Antonyms in Thesaurus 

Example Sentences

Noun Bake the cake for 25–30 minutes. We waited for several minutes, but no one came to the door. I saw him a minute ago. Dinner will be ready in just a few minutes. One minute it was sunny, the next it was pouring rain. My house is just a few minutes from here. The secretary read the minutes of the last meeting. Adjective There were minute particles of dust in the air. The test detected minute amounts of contamination. The equipment is able to detect the minutest errors. She told him what happened in minute detail. a minute examination of the evidence See More

Recent Examples on the Web

The $550,000 chiming minute repeater comes in an 18k yellow gold case on an integrated gold bracelet with one of two dials: gray obsidian or blue sodalite. —Victoria Gomelsky, Robb Report, 27 Mar. 2023 Pinto came off in the 63rd minute for Santiago Arias due to cramps. —The Enquirer, 26 Mar. 2023 Even after Miami turned the momentum, the game was tied at 79 with a minute to play. —Eric Olson, Chron, 26 Mar. 2023 Pause here, seven seconds into minute three of this Pulp Fiction-esque drama. —Gaby Wilson, ELLE, 23 Mar. 2023 Now 41% Off Amazon’s sale also includes DeWalt’s Max Reciprocating Saw, which can run at 3,000 strokes per minute and boasts a variable speed trigger. —Brandon Russell, Popular Mechanics, 21 Mar. 2023 The Ghanaian singer’s whispery tone pulls listeners in, while the delectable visual and body-swaying production keeps us all eyes and ears for the two-and-a-half-minute ride. —Cydney Lee, Billboard, 21 Mar. 2023 The conference comes a day after the last-minute UBS-Credit Suisse takeover deal was struck. —Weilun Soon, WSJ, 20 Mar. 2023 Flow Rate The flow rate indicates how much paint can run through your paint sprayer per minute. —Maya Polton, Better Homes & Gardens, 17 Mar. 2023

Suspending atoms at ultra-cold temperatures (near 0 degrees Kelvin) in laser arrays, quantum sensors can detect minute changes in gravity waves while becoming even more sensitive when quantum entangled. —Kenna Hughes-castleberry, Discover Magazine, 21 Mar. 2023 Even a small piece of evidence can make a big impact on a case Even seemingly minute pieces of evidence could have an impact on a case, according to defense lawyer Cheryl Wattley, who represented Richard Miles in his appeal. —Dallas News, 21 Feb. 2023 Durant went into his Suns debut Wednesday at Charlotte on a minute restriction and expected to play just 20 or so minutes. —Duane Rankin, The Arizona Republic, 2 Mar. 2023 This can reveal minute hints of pigment, as well as hidden drawings or writings underneath various layers of paint or ink. —Jennifer Ouellette, Ars Technica, 21 Feb. 2023 Among the other items seen at the site was a glass globe, possibly part of a minute glass timepiece, and fragments of wood believed to be from a cask. —al, 28 Feb. 2022 Yet those investigations make up a minute fraction of the 791,790 complaints the center received last year. —Nanette Asimov, San Francisco Chronicle, 20 May 2021 Yet tech companies catering to their specific health needs represent a minute share of the global technology market. —Farah Nayeri New York Times, Star Tribune, 15 Apr. 2021 Love, who will remain on a minute restriction for a little while, will need time not only to get reintegrated but also regain his legs and wind. —Chris Fedor, cleveland, 14 Mar. 2021 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'minute. ' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Noun and Verb

Middle English, from Middle French, from Late Latin minuta, from Latin minutus small, from past participle of minuere to lessen — more at minor

Adjective

Latin minutus

First Known Use

Noun

14th century, in the meaning defined at sense 1a

Adjective

1606, in the meaning defined at sense 1

Verb

1601, in the meaning defined above

Time Traveler

The first known use of minute was in the 14th century

See more words from the same century

Dictionary Entries Near

minute

minus sign

minute

minute by minute

See More Nearby Entries 

Cite this Entry

Style

MLAChicagoAPAMerriam-Webster

“Minute. ” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/minute. Accessed 2 Apr. 2023.

Copy Citation

Kids Definition

minute

1 of 2 noun

min·​ute ˈmin-ət 

1

a

: the 60th part of an hour of time

b

: the 60th part of a degree of angular measure

2

: the distance one can cover in a minute

3

: moment sense 1

4

plural : a brief record of what went on in a meeting

minute

2 of 2 adjective

mi·​nute

mī-ˈn(y)üt,

mə-

1

: very small : tiny

2

: of small importance : petty

3

: marked by close attention to details

minutely adverb

minuteness noun

Etymology

Noun

Middle English minute "1/60 part of an hour," from early French minute (same meaning), from Latin minuta (same meaning), from minutus "small" — related to menu see Word History at menu

Medical Definition

minute

noun

min·​ute ˈmin-ət 

: a 60th part of an hour of time or of a degree

Legal Definition

minute

noun

min·​ute ˈmi-nət 

1

: a brief note (as of summary or recommendation)

2

: memorandum sense 1

3

plural : the official record of the proceedings of a meeting or court

More from Merriam-Webster on

minute

Nglish: Translation of minute for Spanish Speakers

Britannica English: Translation of minute for Arabic Speakers

Britannica. com: Encyclopedia article about minute

Last Updated: - Updated example sentences

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

Merriam-Webster unabridged

Minute - Definition, Meaning & Synonyms

SKIP TO CONTENT

minutes; minutest; minuter

Craftsmen can paint whole villages or detailed portraits of people on a grain of rice using minute, or tiny, paintbrushes. Often the works of art are so minute that you can only see them with a magnifying glass.

Minutus is the Latin word for "small," and it gave rise to both the adjective minute (my-NOOT), or incredibly small, and the noun minute (MIN-it), or 60 seconds of time. Though they are pronounced differently, both words refer to small measurements. An object can be minute, like a flea compared with its dog, and less concrete things can be minute, like your minute chance of winning the lottery. A minute freckle on the side of your nose is a minute detail of your whole face.

Definitions of minute

  1. noun

    a unit of time equal to 60 seconds or 1/60th of an hour

    “he ran a 4 minute mile”

    synonyms: min

  2. noun

    an indefinitely short time

    “it only takes a minute”

    synonyms: bit, mo, moment, second

  3. noun

    a particular point in time

    synonyms: instant, moment, second

  4. noun

    distance measured by the time taken to cover it

    synonyms: hour

  5. adjective

    infinitely or immeasurably small

    “two minute whiplike threads of protoplasm”

    synonyms: infinitesimal
    little, small

    limited or below average in number or quantity or magnitude or extent

  6. adjective

    characterized by painstaking care and detailed examination

    “a minute inspection of the grounds”

    “an exact and minute report”

    synonyms: narrow
    careful

    exercising caution or showing care or attention

  7. noun

    a unit of angular distance equal to a 60th of a degree

    synonyms: arcminute, minute of arc

  8. noun

    a short note

    “the secretary keeps the minutes of the meeting”

DISCLAIMER: These example sentences appear in various news sources and books to reflect the usage of the word ‘minute'. Views expressed in the examples do not represent the opinion of Vocabulary.com or its editors. Send us feedback

EDITOR'S CHOICE

Look up

minute for the last time

Close your vocabulary gaps with personalized learning that focuses on teaching the words you need to know.

Start your vocabulary training

Whether you’re a teacher or a learner, Vocabulary.com can put you or your class on the path to systematic vocabulary improvement.

Get started

Strategies and indicators for trading on a 5-minute timeframe

Open the content of the article

Trading strategies on different timeframes differ from each other. Traders who prefer to trade within the same daily session usually work on the m5 timeframe. On such a chart, there is not as much price noise as on the m1 TF, but there are a large number of signals. In this article, we will look at the main indicators and strategies for working on a 5-minute chart.

5 minute timeframe and its features

Most often, scalpers work on this interval - traders who make many transactions during one day, each of which is kept open for no more than 1 hour. Also, intraday traders prefer to trade on five-minutes - traders who work only within one trading session.

Five-minute timeframe: advantages

Consider the main advantages of trading on m5 TF:

  • A large number of signals during the day. Even with complex indicator settings and strict filtering, the number of signals can reach 2-3 dozen per day.
  • Possibility of quick dispersal of a small deposit. Trading on five-minutes, you can increase your initial deposit by 50% or more in a few days.
  • Great for scalping. During the day, many price channels are built on a five-minute chart. Many speculators make great money simply by opening trades when the price bounces off a support or resistance level. This is called "scalping trading".
  • Suitable for learning to trade. The chart on the five-minute timeframe is very dynamic. Candlestick patterns, correlation, divergence, convergence and other elements of technical analysis often appear on it. For beginners, this is a great opportunity to learn how to see the main signals. In order to avoid draining the deposit during training, it is better to open trades on a demo account.
  • No swap. When trading on five-minutes, all transactions are closed within one day and are not transferred to the next day. So you don't have to pay extra swap.

Disadvantages of the M5 timeframe

Despite the obvious advantages, the 5-minute chart also has its disadvantages. Let's take a closer look at them:

  • With the wrong money management, you can drain the entire deposit in 1 day. This often happens to beginners who, in pursuit of quick earnings, bet on 1 transaction not 1-3% of the total amount, as required by the rules, but immediately 10-20% and even more. As a result, several unsuccessful trades can completely empty your account.
  • High market volatility. On small timeframes, the price is influenced by many factors, including daily economic news, opening and closing times of the trading session, time of day, etc. Because of this, even experienced traders often make mistakes in forecasts.
  • The need to follow economic news. An hour before and after the release of the news, it is not recommended to open any transactions. When trading on higher timeframes, news can be ignored.

Indicators for the m5 timeframe without delay

The situation on the market on a five-minute chart often changes, so to receive signals, you need to use only those indicators that work without delay. We have selected the top 5 instruments that are ideal for working with M5 TF and give timely signals to enter a trade.

We recommend testing the 7Seven Eleven Pro indicator for Forex and binary options trading.

Force Index: accurate indicator for 5 minute timeframe

This indicator is included in the standard toolkit of the MT4 trading terminal. It belongs to the group of oscillators and shows the direction and strength of the trend, as well as signals an approaching trend change.

The work of the Force Index is based on determining the current potential of the market. The calculations use data on the size of the total trading volume, as well as data on the intensity of the quote change.

For example, if the market is dominated by buyers and the value of the quote is growing, the indicator will send a signal of an uptrend. If the market is dominated by sellers, while the price of the currency is falling, then there will be a signal about the development of a downward trend.

The instrument calculates a general coefficient, the value of which directly depends on the number of ticks and the difference between the initial and final quotes:

  • A negative coefficient indicates a downtrend.
  • A positive coefficient is a sign of an uptrend.

The indicator also calculates the total trading volume (TO) at the stage of the current trend:

  • A large TO indicates an emerging trend. Everyone began to actively buy or sell the currency, depending on the direction of the trend.
  • A small TO indicates a decrease in the activity of traders and is a sign of the fading of the current trend.

The indicator looks like a curved line moving relative to the zero level. Located below the main work schedule.

Force Index signals:

  • The curved line is above level 0, that is, in the positive zone. The trend is up and bulls dominate the market. It is necessary to open a short-term deal to buy an asset.
  • The curve moves below level 0, in the negative zone. The trend is down, it is necessary to open a short-term order to sell the asset.

The further the curve is from the zero level, the stronger the trend. Conversely, the closer the line approaches 0, the weaker the trend becomes. Therefore, orders should be opened at the moments when the curve is maximally removed from the level 0.

If the curve moves near the 0 mark, then this indicates a flat (flat). This is a situation when there is no pronounced trend in the market. It is not recommended to open trades at this time.

Vortex: an indicator for determining the trend

This is a user tool, so it must be installed separately in the terminal before starting work. To do this, download the distribution package of the program and move it to the MT4 data directory. Restart the terminal and drag the instrument from the main menu onto the chart.

Vortex helps the trader to accurately determine the direction and strength of the trend. The tool is also called a directional movement indicator.

After installing Vortex, two curves appear below the main graph, one of which is green and the other is red. They move relative to the horizontal level 1. The green curve shows the strength of the uptrend, and the red curve shows the strength of the downtrend.

The indicator shows the direction of the current trend. For example:

  • The green curve moves above the red curve. There is an uptrend in the market, the price is rising.
  • The red curve is above the green curve. This is a sign of a downward trend, the price of the currency is falling.

At the same time, the further the curves are from level 1, the higher the probability that the trend will soon reverse.

The indicator signals are based on the intersection of the green and red curved lines, as well as their movement relative to level 1.

For example:

  • The green curve has crossed the red curve from top to bottom. This is a signal of a change in the uptrend to a downtrend, or a temporary price correction. At the moment the lines cross, you should open a short-term deal to sell the asset.
  • The red line crossed the green line from bottom to top. This is a sign of a change from a downtrend to an uptrend. At the moment of crossing, you can open a short position to buy the asset.

Important! If the curves have reached an extreme low or high on the Vortex chart, then positions should be closed manually, as the asset has entered the overbought / oversold zone and a trend change is nearing.

Accurate Signals - arrow indicator for flat trading

Accurate Signals is one of the simplest and most effective tools that even beginners can work with. The indicator gives signals in the form of arrows, based on which a trader can make transactions without even delving into the basics of technical analysis.

The direction and color of the signal arrows indicate which deal to open:

  • If the arrow is red and points down, then you need to open an order to sell the asset.
  • If the arrow is blue and points up, then this is a signal to open an order to buy an asset.

You should enter the market immediately at the opening of a new candlestick following the signal one. In addition to the arrows on the working chart, a block is displayed with information about the accuracy of the signal and the number of points that would be profitable for the trader.

We recommend that you test currency pair correlation strategies.

5-minute Forex strategies

Trading on the five-minute chart is quite risky. To reduce the risk, it is better to trade between 4 am and 6 am Moscow time. It is desirable to work only with major currency pairs, for example, with EUR/USD.

The size of the deposit does not matter. Your account can have as much as 10 dollars, or a couple of thousand dollars. One successful transaction can bring a trader a profit in the amount of several points, and this is already 8-10% of the deposit amount.

Strategy on the 5-minute timeframe "Trades on pullbacks"

Recommended currency pairs for trading are EUR/USD and GBP/USD. To work, you will need the Macd indicator, Stochastic, as well as 2 moving average EMA lines with periods of 50 and 200. To protect the deposit, you must use Stop Loss, Trailing Stop or Take Profit.

First you need to switch the chart to a five-minute timeframe and add the Macd and Stochastic indicators to it with standard settings. They will appear below the working window. On the chart itself, you need to add one EMA line with a short period of 50 and another EMA with a long period of 200.

Signals for opening a deal to buy an asset:

  • The macd histogram is above the zero level.
  • EMA lines do not cross, but move parallel to each other.
  • The Stochastic curve rose above level 50.

An order should be opened when all the above conditions are met and only after the signal candle closes.

The signals to sell the asset will be completely opposite.

Trading on impulses

To work on the strategy, you will need two standard indicators - Macd and Envelope, both with standard settings. You can work on any currency pairs, including exotic ones. The strategy is based on making deals at the moments of short-term price jumps (impulses).

Before starting trading, set the timeframe M5 on the chart and add the above indicators. You need to open a sell trade under the following conditions:

  • The body of the candlestick is under the Envelope Lower line (red curve).
  • The macd histogram bars have moved into the negative zone below the zero mark.

At the moment when both conditions coincide on the chart, it is necessary to open an order to sell the asset. A safety stop loss must be set at the level of the Envelope Upper curve (blue line). The stop loss is around 15-20 pips.

As soon as the profit reaches the size of 15-20 points, the order can be closed manually, or move the stop loss forward by another 5-10 points.

It is necessary to open an order to buy an asset under the following conditions:

  • The entire candlestick is located above the blue Envelope Upper curve and does not cross it.
  • Macd histogram bars are in the positive zone above 0.

If both conditions are met, open a buy deal. The size of the stop loss is set at 15-20 points at the level of the Envelope Lower red line. As soon as the profit reaches 15-20 points, the order can be closed manually.

Trading on five-minute timeframes using the "Pip" strategy

The "Pips" trading system was created specifically for lower timeframes. To work on it, a trader must have at least basic knowledge about building price channels and identifying trends.

Before starting trading, you should open 10-15 major currency pairs, install M5 on all TFs and add a stochastic with standard settings for each chart.

Important! Do not use high spread pairs.

Next, the trader needs to select several currency pairs for work. To do this, you need to open each chart in turn, switch to a 30-minute interval and look at the price direction. If there is no pronounced trend on the chart, then you do not need to use it for work. So you need to select only those currency pairs that show an obvious upward or downward trend in prices.

On the selected charts, you need to build trend lines - support and resistance levels. A trade should be entered only when the price rebounds from the trend line. If the trend is down, then it will bounce down from the resistance line. If the trend is up, then the signal will be a bounce up from the support level.

As soon as the moment of rebound coincides with the moment of crossing the fast stochastic line with the slow one in the direction of the trend, you can enter a trade. We immediately switch to the m5 chart and open an order in the direction of the rebound (if the rebound is down, then we take a sell order, and if it is up, then we take a buy order).

Stop loss for a trade should be placed just outside the price channel. Take profit is set at 10 points.

Important! The width of the channel should be such that the distance between its boundaries is at least 15 points.

The main advantage of the strategy is that it allows you to trade on several currency pairs at once and make more than 10 transactions per day. To get a stable profit, 60% of successful transactions are enough, but on the condition that you open the necessary orders on time.

Trading on a 5 minute timeframe without indicators

Some traders are suspicious of indicator signals and prefer to conduct technical analysis on their own, without using automatic tools. In this case, the trader should be able to independently build support and resistance levels on the chart, determine the direction of the trend and know at least the main candlestick patterns.

Two Screen Strategy

No indicators are needed to trade this system. You need to choose a major currency pair, for example, EUR/USD, and open it on two timeframes at once - m5 and m15. Windows with graphs should be placed on the same screen next to each other. It is better to trade between 4 am and 6 am Moscow time.

You need to watch two charts at the same time. As soon as a pronounced trend appears on m5, you should immediately check the m15 chart. If the situation there is similar and the price moves in the same direction as on the m5 chart, then you can open a trade following the trend.

For example, if the trend is up, then we open a buy order, and if it is down, then we open a sell order. We conclude all transactions on the main 5-minute timeframe.

If you can quickly navigate in a highly dynamic market, then you can make good money on a five-minute interval. One of the main conditions for profitable trading on m5 TF is an additional analysis of charts with higher timeframes to confirm signals.

We also recommend testing the “Two Time Frames” strategy, which can be used both for M5 and other charts.

See also video - Forex strategies for 5-minute chart

What timeframe is better to trade and how to choose it?

The choice of timeframe for trading is one of the problems that every trader faces at the initial stage. It is necessary to understand the topic in more detail and determine: what is a timeframe, what is it for, what types of them exist, what timeframe is better to trade on, and what timeframe should a beginner choose. Let's start in order.

Content of the article:

  • What is Timprame
  • How to choose a timeframe for trading on the exchange
  • on which time is better to trade a newcomer
  • short -term Times
  • LTMFREMIMS
    • 9ATHERS days
  • What timeframe is the easiest to spot a trend reversal
  • Tips

What is a timeframe

Timeframe ( from English time-frame ) is the time interval of quotes displayed on the price chart. When moving from one timeframe to another, the “volume” of one candle or bar changes - the time that reflects a single bar.

In simple terms, a timeframe is the period of time for each candle or bar. For example, if you have a minute timeframe (M1), then each candle on the chart will equal an interval of 1 minute. If the timeframe is daily (D1), then each candle will be equal to 1 calendar day.

In fact, by changing the timeframe, a trader gets the opportunity to analyze the dynamics of a financial instrument in terms of grouping information into different intervals. The importance of such an analysis lies in the need to predict prices for different periods, depending on a particular trading strategy.

Wikipedia says that a timeframe, or trading period, is a time interval used to group quotes when plotting price chart elements.

How to choose a timeframe for trading on the stock exchange

The choice of a trading period depends on several conditions, but the first and most important of them is on the trading strategy of a particular trader, of which there are several types:

  1. Scalping . A strategy tailored for making a large number of fast transactions, the closing period of which varies from a few seconds to several minutes. The strategy involves the use of the shortest timeframes: one minute (M1) and five minutes (M5).
  2. intraday or day trading . A strategy, like scalping, that involves transactions within one trading day, but a significantly smaller number of them. The duration of one transaction varies from several minutes to several hours. Accordingly, the trading process uses timeframes from five minutes (M5) to one hour (h2).
  3. Medium-term strategy . This option involves the conclusion of longer transactions - from one day to a week. Accordingly, the trading periods chosen by the adherents of this strategy usually range from hourly (H1) to daily (D1).
  4. Long-term trading. The least intensive, but not the least profitable - a strategy based on the conclusion of deals lasting, usually at least a week. In fact, this trade is not so much trading as investing, since it does not pursue the goal of obtaining momentary profit and allows you to forget about an open position for a sufficiently long period of time. With a long-term strategy, traditionally, the largest timeframes are used: from one day (D1) to several months (MN).

However, not everything is as obvious as it seems at first glance. The above tips are applicable, for the most part, during the direct opening of positions and making orders, as the most convenient.

You need to understand that by limiting your analysis to one or two timeframes, a trader misses a lot of information for analysis. After all, the chart behaves differently on different trading periods. For example, by analyzing a five-minute chart, you can find obvious bullish signals and open a long position on the instrument. However, a technical analysis of an hourly or half-hourly, and sometimes older timeframe may indicate that the instrument is close to a local price peak, followed by a rollback.

Look at the minute timeframe (M1) for Adobe shares:

At the same time, the hourly chart (h2) already reflects the opposite trend:

But if you open the daily chart and slightly increase the coverage, we see a growing annual trend:

If the trader does not take this into account in his forecast, then the transaction, with a high probability, will end with a loss for him.

What timeframe is better for a beginner to trade on? And this principle of action is not deprived of the right to life - the trader himself comes to what timeframe he is comfortable working on. It happens that it is on this principle that a newcomer subsequently chooses a trading strategy. Despite the fact that in this case the logical sequence of actions is violated, it has a definite plus: a novice trader chooses a strategy and timeframe for himself based on his own feelings, and not someone else's advice.

Of course, you should take into account that the value of the timeframe is related to the duration of the potential deal. If you plan to close a trade 15 minutes after the opening, then it makes no sense for you to focus on the daily chart.

It happens that beginners begin to randomly jump from one timeframe to another, make hasty forecasts, which in most cases ends in losses and disappointment in trading. To avoid such situations, there are a number of recommendations that will tell a novice trader which timeframe to choose for his purposes.

First, you need to decide on the style of trading in which the trader plans to work in the future. Depending on the duration of transactions, it is worth determining for yourself the main range of working timeframes.

Further, it is recommended, holding several charts with different timeframes on the screen in parallel, to observe the price dynamics and determine (at the moment visually, at the level of sensations) with which of the presented timeframes it will be more comfortable for a novice trader to make orders, and which one is most productive when forecasting. After that, it is worth working on the selected trading periods and assessing their comfort for a specific chosen strategy.

Best brokers for Forex trading

Alpari is the largest professional Forex broker in Russia, operating since 1998, regulated by FSA, TFC . Alpari has been operating for more than 20 years and the monthly trading volume exceeds $1,000,000,000 . Low spreads, leverage up to 1:3000, instant order execution, more than 30 ways to deposit / withdraw money.

At Alpari, you can trade with investors' money through special PAMM accounts or a platform system. Many traders invest more than $150,000 , and the most successful manage over a million dollars of capital.

The minimum deposit for opening ECN accounts on MetaTrader 4 is $300 , for the latest version of the MetaTrader 5 platform - $500 .

Site : Alpari

RoboForex

Broker RoboForex has been operating for more than 10 years and allows you to trade all currency pairs. On the platform R Trader (+ there are others) more than 12,000 assets are available. The broker is regulated by IFSC and The Financial Commission and is also Verify My Trade (VMT) certified.

Implemented an insurance program up to 5,000,000 EUR. Received over 10 awards including IAFT Awards, International Business Magazine Awards and more. The company is the official sponsor of the BMW M Motorsport .

Site : RoboForex

Experienced traders recommend not focusing on one or two timeframes, in order to avoid the risk of losing sight of large pieces of valuable information. Intraday trading does not mean that a trader should not "keep abreast" on larger time frames. Otherwise, it may threaten with periodic miscalculations in forecasts built without taking into account market signals at different levels.

Despite the high subjectivity, many traders advise beginners to start working on the analysis from the higher timeframes, gradually moving to the younger ones. The reason for this is that longer time frames are less subject to chaotic fluctuations, which is very important for a trader at the start of a career.

Short-term timeframes

When choosing which timeframe is best for intraday trading, you should first of all pay attention to short-term timeframes. The most common short-term trading periods are:

  • M1. Minute
  • M5. Five-minute
  • M15. Fifteen-minute
  • M30. Half-hourly

There is also a fairly rarely used "tick" chart, which displays every change in the quote in any direction. However, it is extremely difficult to trade on such a chart, and even more so to build any forecasts on it, due to its high randomness. There are strategies based on tick charts, but they require quite a lot of experience to compile and implement them.

The most effective timeframes M1 and M5 are used for scalping, since the strategy involves analyzing the chart to get almost instant profit with small price fluctuations, and the duration of transactions is no more than a few minutes.

The intraday strategy rarely uses the M1 period, due to its rather low forecasting period, which does not correspond to trading with a transaction duration of up to several hours. The H1 timeframe is used in intraday trading, in most cases, for reference. The main trading periods for intraday traders are M5, M15 and M30.

Medium-term timeframes

The following timeframes are most often used in medium-term trading strategies:

  • H1. Sentry
  • H4. Four-hour

When predicting price dynamics for a period of up to several days, H1 and H4 are considered the most informative trading periods. Charts with these timeframes allow you to carry out technical analysis and identify trading signals on a given interval, but they are not too detailed, which allows you to ignore the signals of small intraday fluctuations.

Long-term timeframes

Long-term traders, in other words, investors, use the following trading periods in their analysis: However, in most cases they are used for reference rather than for direct trading.

Which timeframe is best for intraday trading

As mentioned above, the question of choosing a timeframe for intraday trading is quite subjective, moreover, it depends on a number of factors.

Working periods for intraday trading are all short-term timeframes. However, it must be remembered that when trading intraday, it is necessary to monitor the state of the market as a whole. Therefore, when trading on the M5-M30 timeframes, it is strongly recommended to check with the "hourly" from time to time, and before trading - with the daily chart, in order to avoid unpleasant surprises.

On what timeframe is it easiest to determine the trend reversal

A common problem for beginner traders is not knowing on which timeframe to determine the trend and its reversals. However, the essence of this problem lies not so much in the lack of knowledge as in the wrong formulation of the question. After all, the most important thing in determining the trend is the interval for which it is necessary to determine it.

Nothing is permanent in trading, and trends are no exception. They have properties not only to change, but also not to coincide at all on different timeframes. Every trader knows that there are fluctuations within a trend. These fluctuations often turn out to be trends on lower timeframes.

For example, an uptrend on a monthly trend does not eliminate the possibility of intraday downtrends.

Answering the question on which timeframe to watch the trend for a beginner, it is best to advise the choice of the period on which it is convenient to work at the moment. If you are not comfortable holding a deal for a week, but it is interesting to close it in 3-6 hours, then work on the hourly chart. Likewise with other periods.

Tips

  1. Don't get hung up on one or two timeframes. So the trader risks missing important layers of information about the state of the market.
  2. It is better for beginners to start trading from higher timeframes, gradually moving to younger ones as they gain experience.
  3. When determining a trend, it is necessary to first decide which trend for which period you want to know and what is the planned duration of the transaction.
    Learn more