Best time frame for trade

The Best Time Frames To Trade Forex

This is a question that most new traders should have in their mind when they first get in touch with trading. However I do not think that there is such a thing as the best time frame as it all depends on your trading strategy and needs.

Trading Strategy
If you are a scalper, you will definitely be dealing with low time frames like the 1 min and 5 min chart.
If you are a day trader, you will be using the 15 min, hourly and at most the 4 hourly chart.
If you are a position trader, you will be using the 4 hourly, daily and even weekly chart as you are planning to hold your trade for long term.
The bad thing about the lower time frames like the 1 min and 5 min is that they produce a lot of noises and this alone can be a nuisance to some traders. Therefore if you are looking to trade with lesser noise, I will suggest that you go with higher time frames like the hourly or 4 hourly chart.

Needs of Traders
I understand that there are some traders who are still working a day job and therefore do not have much time to look at the chart.
For those of you who do not have much time to spare, I will suggest that you go for higher time frame chart like the 4 hours as these allow you to have more time to prepare for your trades.
Personally, I tend to look at the higher time frames to look for trading opportunity as it has lesser noise and then go to the lower time frame like the 15 minutes chart to look for the best entry.
As for your question on whether technical analysis is better or fundamental analysis. I personally is a technical trader, I find it easier to trade with as the fundamental involves a lot of trader sentiments in it.
For particular news, some traders will think that the market is going to rise but there will definitely be another group of traders that think that the market is going to fall. This alone makes it hard to trade the news. However I do know of some traders who are making money with news alone.
The above are my personal opinion and if you have anything to add, do feel free to give your comment below.