Many novice traders ask: What is the timeframe, why is it needed and how to work with it. Let's look at this issue in more detail. What is timeframe? This is a specific period of time reflected in the graph of the working asset. It is used to form the quotes of the price chart for each asset used. A timeframe is used in the construction of indicators of candlestick, linear and other types of technical analysis.

Picking the right forex trading strategy is key to earning consistent profits from the forex market and there are plenty of different factors which go into creating the right trading strategy. As you start to research into forex trading strategies you will discover that there are many strategies out there which can all be profitable.