These are the time frames and indicators I use to trade following currency futures: Aussie @AD/6a, British Pound @BP/6b, Canadian Dollar @CD/6c, Swiss Franc @SF (main currency futures I trade are Euro futures, these are as I refer to “exotic” currencies to me I trade during special setups)
- Daily. 20, 50 and 200 exponential moving averages. Heikin Ashi bars.
- Hourly. 20, 50 and 200 exponential moving averages. Heikin Ashi bars.
- 55 or 89 tick charts depending on price action and the way that particular currency reacts to Heikin Ashi.
- Daily Pivots are also marked on all charts
I also use a custom momentum indicator with all those time frames, but Stochastics or RSI should do.
Note: these are tick/timeframes that work for me, your system might need something completely different.