15m is more in day-trading territory. Most scalps are well under 3-5 min. and many of my stock scalps are well under 1 min. As a scalper & short-term day trader I don't often use the 15 min. except when I want to get a longer-term picture of trends. 17 ArchdukeOfNorge • 3 yr. ago So you use 1 minute charts then?
Dec. 13, 2023 Updated 5:39 p.m. ET. Federal Reserve officials left interest rates unchanged in their final policy decision of 2023 and forecast that they will cut borrowing costs three times in
250 Likes. 2022 Jan 24. 5 Minute Chart Trading is a viable tradign approach if you know what to look for. Learn how to use the five minute chart not only as a trading chart timeframe, but also for
Charts are typically broken down into several time frames, including 1 minute, 5-minute, 10-minute, 15-minute, and everything in between and beyond. I'll go through each one of these time frames, discuss their pros and cons, and what types of trading styles match up with each time frame.
The higher time frames carry more weight because they display more data and show more time than a smaller time frame does. If you are just studying 5 minute or 15 minute charts all the time, you are missing out on the bigger, more significant picture of the market.
.