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Understanding Timeframes

The document discusses appropriate timeframes for different trading styles and time horizons. For intraday trading, 5 minute and 15 minute timeframes are best. Swing trading can use 15 minute, 1 hour, and daily timeframes depending on the duration from 1 day to 10 days. Longer term trades of months to years are best analyzed on weekly, monthly, and yearly charts. The 1 hour timeframe is useful for identifying support and resistance levels. Daily charts provide information on candlestick patterns. Smaller timeframes like 5 and 15 minutes are then used for entries.

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Adi Poojary
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262 views3 pages

Understanding Timeframes

The document discusses appropriate timeframes for different trading styles and time horizons. For intraday trading, 5 minute and 15 minute timeframes are best. Swing trading can use 15 minute, 1 hour, and daily timeframes depending on the duration from 1 day to 10 days. Longer term trades of months to years are best analyzed on weekly, monthly, and yearly charts. The 1 hour timeframe is useful for identifying support and resistance levels. Daily charts provide information on candlestick patterns. Smaller timeframes like 5 and 15 minutes are then used for entries.

Uploaded by

Adi Poojary
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Understanding Timeframes

• Intraday Trading - 5 min to enter


• Watch - 15min,1hour to watch
• Swing Trading - 1hour to enter + Daily to watch
• Forex/Commodity Trading - 4 hour / Daily
• Long term - Monthly, Weekly
• The 1-hour timeframe is good to make levels
• Daily Timeframe - To check the shape of the candle for
information
❖ In a running market, we will only watch
❖ 5minutes & 15minutes timeframe for Intraday trading

❖ What timeframe to watch & when?


• Swing Trade - 15 minutes + 1-hour timeframe for short-swing
trades
• Swing Trade (10days) - 1hour to enter + Daily to watch
• 3 Months trade - Daily & Weekly timeframes
• 1 Year trade - Weekly & Monthly timeframes
• 3 Years trade - Only Monthly timeframe
❖ The 1-hour timeframe is best to make levels while 15 minutes is
good too
❖ Daily Timeframe - To check the shape of the candle for
information
❖ Horizontal Lines can be spotted often
FAQ’s
1. Which Time Frames are the most important ones that we should
look at?
➢ 5 Minutes, 15 Minutes, 30 Minutes,1 Hour, 4 Hour, 1 Day,
1 Week, 1 Month

2. What are the styles of trading and which time frames we can
look for them?
➢ INTRADAY (One Day)
➢ SWING (Multi-Day)
➢ INVESTING (Long Term)

3. Why can’t we trade intraday on bigger time frames?


➢ Because we need more data for Intraday trading. For
example, 1-hour candle - twelve 5 minutes candles.
Therefore, we cannot make decisions for Intraday using
bigger timeframe candles.

4. Which time frame should I look at if I am trading Intraday?


➢ 5 Minutes and 15 Minutes

5. Which time frame should I look at if I want to trade for 2 days?


➢ 15 Minutes and 30 Minutes
6. Which TIME FRAME for a 1-week trade?
➢ 30 Minutes, 1 Hour, 4 Hours

7. Which TIME FRAME for 1-month trade?


➢ 1 Hour,1 Day, 1 Week

8. Which TIME FRAME should we look at while trading Forex,


and Commodities?
➢ 1 Hour, 4 Hours,1 Day, 1 Week

9. Which TIME FRAME for 6 months


➢ 1 Day and 1 week

10. Which TIME FRAME for 2 years of trading


➢ 1 Week,1 Month

11. Which TIME FRAME is best to use for drawing


Horizontal lines intraday?
➢ The 1-hour chart time frame for drawing levels and then open
smaller timeframes like 5 minutes/15minutes for taking entry
Send us all your questions at
[email protected]

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