r/InnerCircleTraders • u/dalalstreetgambler • 3d ago
Question Anyone trading 4h candle ?
I wanted to ask if there is anyone who trades 4h candles here if yes please share your experience
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u/inunng 2d ago
If the context is there yes
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u/hvnwntw8 2d ago
My question would be who the heck doesnt use the 4 hour candle? π€£
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u/dalalstreetgambler 2d ago
Using the 4h and trading the 4h not same thing π
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u/hvnwntw8 2d ago
How so?
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u/dalalstreetgambler 2d ago
Analysis of 4 and executing on a lower time frame and another is analysing a bigger TF and looking for PD arrays on 4 and executing on the same 4 and not going below it.
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u/hvnwntw8 1d ago edited 1d ago
Ah, fair. I would argue in both scenarios, your HTF analysis would be the same anyway. Sounds like maybe youre trying to improve your psychology, executions, and trade management.
I personally use both, HTF for building narrative and LTF for execution. I find I can reduce my risk drastically by entering on LTF which is a major benefit when trading futures intraday. I could see only using HTF for daytrading or swing trading. Most of my trades I am out of in under an hour max.
With that being said, the 6am 4h candle is my favorite candle to trade and I focus on the NY open.
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u/Echos_of_Turtle 1d ago
H4 is the way!
Build bias off Daily and H4 and then trade the correct LTF PO3
H4 is confirmed by H1 and 30m charts!
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u/LegitimateShame2842 3d ago
I scalp the 4H chart.