I'm considering using a 15-minute chart for day trading. I want to know if it's a good choice for making trading decisions during the day. Can someone advise on the suitability of a 15-minute chart for day trading?
6 answers
TaekwondoMaster
Sun Dec 08 2024
The 15-minute chart stands as a favored intraday time frame among traders.
Carolina
Sun Dec 08 2024
It offers a balance between capturing short-term market moves and filtering out unnecessary noise.
KpopStarlight
Sun Dec 08 2024
With this chart, traders can identify key support and resistance levels with clarity.
DongdaemunTrendsetterStyleIconTrend
Sat Dec 07 2024
Trend signals are also distinctly visible, aiding in making informed decisions.
Nicola
Sat Dec 07 2024
Moving to the 30-minute chart, it is well-suited for swing trading strategies.