There is a general belief that price in lower timeframe is noisier than price in higher timeframe. While noise exists in different timeframes, I argue that the degree of noise is in proportion to the timeframes. i.e. the higher is the timeframe, the bigger is the noise.
Different time periods in a day do have different characteristics, for example, the volatility of London open is higher, as well as, rollover time. News are more likely to be released at some time periods, etc. An intraday trader has to take notice of all these, and should not be treated them as noise, although all these may make the intraday chart looks a bit noisier.
Intraday traders trading with lower timeframe can be more flexible in preventing scheduled news. When big news comes, they can keep their position clear. For D1 or above traders, they are more likely have to accept those noise like economic date release in their trading. In that perspective, D1+ traders may suffer more noise than a skilful intraday trader. Right?
Comments are welcome!
Different time periods in a day do have different characteristics, for example, the volatility of London open is higher, as well as, rollover time. News are more likely to be released at some time periods, etc. An intraday trader has to take notice of all these, and should not be treated them as noise, although all these may make the intraday chart looks a bit noisier.
Intraday traders trading with lower timeframe can be more flexible in preventing scheduled news. When big news comes, they can keep their position clear. For D1 or above traders, they are more likely have to accept those noise like economic date release in their trading. In that perspective, D1+ traders may suffer more noise than a skilful intraday trader. Right?
Comments are welcome!