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WHAT TIME FRAMES TO WATCH WHILE DAY TRADING? ๐Ÿ“ˆ

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ram256
ram256
09/10/24

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What timeframes to watch while day trading? When daytrading is the 15 min or daily more important as a higher timeframe reference? What is the most important timeframe when you're trading intraday - is it the 15 minutes or the daily from a perspective of looking at the broader trend? What's better for intraday trading, a 5-minute or 15-minute candle? OK.P

How do you analyse multiple time frames for trading?

When day trading, most of us are looking at 1 min/3 min/5 min charts and we're trading based on those little nuances and moves and wicks/pulses/short-term drive...etc But we also know that its imperative to check the higher time-frame so we can see exactly what is going on so we can align ourselves with the higher time-frame trend. So what is the most important - is it the daily or is it the 15 min timeframe? Which time frame do you prefer between the 5-minute and 15-minute candlestick pattern for intraday trading? If we're scalping then the daily timeframe isn't really that important.

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