Quote from: pawanjain on June 29, 2023, 02:35:27 PM

As for the timeframes, I mostly stick to 3 timeframes 1D, 1H and 15m which are ideal for me right now.

I must say that this is a very good combination. If one would want to use very large time frames like 1Y, 1M and even 1W, there are other sets of timeframes that work best with them, and the same thing goes for the combining in which the highest timeframe is 1D like yours.

In 3 combinations, I love settings like (1Y, 1M and 1W), (1W, 1D and 4H) and (1D, 1H and 15m) which is yours.

Quote from: Huppercase on June 29, 2023, 04:09:16 PM

Having multiple time frames doesn't matter, it depends on the price action of your pairs that you choose to trade.

All I could say is that your statement lacks coherence. I'm always with the disposition that traders can use one or more timeframes, it's all about them. But for you to be specifying price action as a basis is out of the line. Price action is the first strategy I use before others are considered and I have had many friends using price action with their multiple timeframes as well.

What's there is that if many timeframes agree on the same trend, it gives better filtering and signal reliability other than they disagree, a situation in which the market might be deceptive with the one you use if care is not taken.