Are you willing to monitor charts every 5 minutes for several hours a day?Are you comfortable taking decisions fast and like quickly changing prices?If yes, try trading 5 minutes charts.
Or may be you prefer a slower pace at 1 bar per hour. You also believe that hourly charts are more reliable in the way they depict the market since much of the noise produced on smaller time frames can be eliminated.Then 1 hour time frame might be your winner.
Or it might be the case that you don’t have time watching the charts during the day because you have a full time job and/or you believe that intraday changes do not have much effect on the market and summary results can be best observed by the end of the day. You may also find out that you want to hold your trading positions open overnight, means that your money will work even when you sleep; and at the same time you want to be confident that your Forex analysis wasn’t based on short term momentum.`Then daily charts would be just right for you.
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