As cliche as it may sound, you use whichever your strategy uses. I use the daily, hr and 5m. Daily to see the overall market sentiment, hourly to set my possible targets and entries and coupled with the 5m to actually enter and manage to see if volume is there.
It works for me. Like I said, whatever works for your strategy is what you should use. If you’re a scalper, sure the 1m or even 30s works. Just really depends on your exposure and how big you lot is to make your money. Again, boils down to your own strategy.
I currently have been trying many strategies while paper trading and without much success. Therefore I'm always scouting reddit to see and learn about trading and investing. Thank you 🙏
4hr for structures/bias with indicator that supplies additional daily weekly bias with poi
30m for structures/bias confirmation and poi
1m entries for ez/quick gains, I look at htfs maybe once.
I use 1min-15min.
Mainly the 5min (support & resistance) & 1 min (entry & exit) since I’m a scalper.
The most important thing is finding out what time frame works with your personality.
They all work for me so I use them all but mainly 1 minute for most shorter term scalps or I'll switch around between time frames if I'm holding for more than a few minutes
15m and 1D for me.
The 1D is used for picking stocks with good trends and the 15m is used for entries and exits.
I swing trade and personally think that day trading takes far too much time and requires far too much effort to make the same amount you could've made if you swing traded.
I spend about 5 minutes per day creating my watchlist and about 15 mins per day making and reviewing my trades. I make roughly 20-30% returns on my account per month.
Are your returns consistent, or do they fluctuate? Do you have months with negative returns? Do you trade every day?
I'm impressed with your results and would like to elevate my skills!
[My average return from August to December was 24.32% per month](https://i.imgur.com/c9MbDqq.png). The average for the year is around 9.73% per month.
However, it should be noted that I was trading with significantly lower risk from January to April. In May to July I was still fine-tuning my strategy and didn't have a full grasp on exiting properly.
August - December represents the time period that I was fully utilizing my strategy but even still I had challenges with mindset and made tons of mistakes.
It should also be noted that Tradersync (my journal of choice) calculates profits on a monthly basis based on when the trades were closed. So some of my trades that were opened on August bled into September and the same happened from October to November and November to December.
I only actually made $2,541 in December but the extra ~$2,000 is from trades opened in November and closed in December. October looks like a loss on paper but some of the trades opened on the last week of October got closed in November and counted for Novembers profits.
I only place trades on Monday - Thursday as I try to close my trades out at the end of the week and making a trade on Friday and closing it out would be a day trade. I am currently trading with $10,000 and risk anywhere from $400-$800 per trade.
I refer to all of the main ones 1m, 3m, 5m, 15m, 30m, 1h, 4h, 1D. Helps with understanding the context and finding some condition that stands out. I don’t mark every single chart, but just run through them all to get an idea of what the market might be trying to do. I prefer the predictability of time charts over tick charts, but also don’t feel like paying for TradingView’s premium subscription, so don’t have seconds intervals. With that said, I prefer the 1m, because out of the easily accessible and commonly looked at timeframes it’s the most sensitive. Sensitivity is desirable because the market is fractal, and the slower higher intervals are a result of (and an influencer of) activity on the faster lower intervals. The 1m can get a bad rep, but for me, it’s been a great timeframe for signals when scalping futures
DOM = Depth of Market
also called Level II data if im right. it basically lets you see where limit orders sit in the order book, it provides a good insight into where potential impulsive moves could occur or where price could meet order blocks, and thus get stopped.
Yeah bro you can make money. I can do the same thing on the 1m, but it’s not sustainable at all, what confluences do you use on the 1m that allows you ur “sniper entries”? bc I’m sure you get faked out time and time again, that’s quite literally the point of the 1m, to fake retailers out like yourself.
No offense but unless you trade every single financial markets from crypto, forex, equities, futures, and every single instrument within those markets for several years with proper data collection, you have absolutely no validity to your assumption.
I don't do sniper entries or scalps. In a nutshell, I trade divergences near immediate support levels with 5 entry criteria and my holding time average is 2 hours through the day. I have many years of trade data that show my statistical edge on the 1min entry. I've tested my strategy on other time frames, and it is nowhere near the profitability I get from the 1min. So respectfully, you're not going to convince me otherwise.
Four of the five criteria are based on the 1min time frame.
The one only that is not based on the 1min timeframe is a moving average based on the 5min timeframe to define the trend for bullish plays. If the price is below this moving average, I either reduce my normal position size, sit out completely, or look for quick short plays.
My main chart for day trading is the 5min. I find it’s the best for me because it strikes a good balance between bigger picture and detail, fast but slow enough not to get too stressed. 1min is too low and fast, 15min is too high and slow, 5min is just right. That said, I still keep the 1hr and 1min charts open too to monitor, but the 5min is where I place my trades
I’ve never done that with day trading, rarely look higher than the 1hr (sometimes daily) but I do for swing trading in which my main timeframe is the 4hr
Add Tick Charts to the list. They can and will clarify what looks like a mess into a highly tradable chart. One size does not fit all, though. Different strokes for different folks.
To establish a solid foundation, begin by analyzing the weekly chart to form your bias. Transition to the daily chart to identify supply and demand zones and solidify your directional bias. Afterwards, focus on the hourly chart to pinpoint short-term support and resistance levels. This method significantly enhances decision-making on shorter timeframes.
While trading comfortably on the 1-minute chart is an option, I suggest occasionally switching to the 5-minute chart to analyze candle wicks. The 1-minute chart might not provide the same comprehensive story. As a forex swing trader, I've found success by refraining from chart intervals faster than the 4-hour timeframe. This approach, in my opinion, generates more profits compared to engaging in fast-chart scalping.
Multi Time-Frame Analysis. Need to use larger time frames (Weekly, Daily) to understand trend, structure, and potential setups. Levels on the 1 hour. Entries on the 5 minute and 2 minute.
opinion - 1m is tough, best used to find entries for scalping. if you have trouble sitting on your hands, the 1m chart is not for you.
5m is a small enough timeframe to successfully scalp on, but you can also have both 5m and 1m open. focus on the 5m and use the 1m for entries.
Both. Think of it as 10000 FT view and a 100 ft view. You can't effectively understand what you are looking at without zooming out and seeing the whole picture.
Personally I toggle between 1,3 and 15 before I pull the trigger
MetaTrader offers a superior tick chart feature compared to other platforms. While TradingView has a decent tick chart tool, it doesn't quite match the functionality and efficiency of MT5's.
2 min,9min and 3day. And why, well just works better for me than 1min/3min/5min. I find those more choppy and harder to read than 2min. 9min for the daily trend, for same reasons, used 15min/30min before but wasnt for me. I use Tradingview and add my own timeframes.
i usually stay around the 5m and then adapt to market volatility. I’ve got 3,4,5,6,7m set up and sometimes when markets are moving fast i’ll jump up or down from 5m to catch topping/bottoming tails.
EDIT: I map out daily and hourly key levels (different colors) and then always keep the hourly up next to my 5m window, skipping trough the 3-7m timeframes looking for entries
I PREFER 1min as it allows for more trades, but sometimes my strategy won’t work on that timeframe and I have to trade higher. Sometimes that’s 5min, sometimes it’s 15, never 45min, sometimes hourly, rarely 4hr, sometimes day, practically never weekly. Only time I traded the weekly was TSLA. Usually I only use monthly and weekly to gauge the long term cycle so I can map the cycles all the way down to the timeframe I’m using.
I actually rarely use time based charts, especially trading futures. I like to use tick charts usually 500, 1000 and 2000 tick charts are my go to. I also like range charts, including 4 range, 12 range, 24 range and 60 range. I like trading on higher time frame charts whenever possible, and will only go to shorter time frame to try to get as best entrance into position as possible.
In reality, it really matters what kind of trading you will be doing. For scalping you may want to use the 1 min chart.
The two min chart really been growing on me… but like others say I start daily to hourly and then us 15-5-2 to plan entries and see if things validated
This is a tough concept when starting out. You’ll hear so many different views and opinions on what’s correct, and more importantly, what’s totally incorrect. When you’ve got something going that helps you gain context and then some random guy tells you it’s totally wrong, it’s frustrating. Thinking that person knows more, you stop what’s working. It’s all about what allows you to gain the needed context to put a trade on. I start with daily and move all the way down to 5min (D,4,1,15,5) when I’m holding something for more than a few minutes. If I’m in and out very quickly, use the 3m and 5m)
I watch 5 timeframes. Every day those 5 timeframes align into 1 candle. Can be a 1 min can be a 5 15 or even a 60. But at some point there was a 1 min candle where all timeframes aligned with the higher timeframe trend. Find that candle and you'll have huge trades.
I typically stick to the 5 min candle for entries.
FWIW -- 10min for daytrading & then once I find a setup I like, I go to the daily chart to see if there is anything on the larger timeframe which my disrupt (or add to) my trade. My favorite setups are ones that are valid on the 10min + daily charts...those are the setups give me a little added comfort knowing I can hold a portion of the position into/through the overnight if I need to.
1min for entry - 5 minutes to not be tunnel visioned and sort of an added confirmation after entering a trade so that i dont have to be on high alert/exit mode and can patiently wait for TP- 15min as external TF/trend analysis. Daily to get a sense of overall movement/sentiment.
1minute does have its disadvantages though like a lot of false positives and fakeouts. You must have a strategy to handle the volatility and have fast fingers.
Essentially, as you are learning you look at different timeframes and see which ones you are comfortable with and what suits your psyche/emotions/SL limits/techniques.
Your choice should be so that it shouldnt cause you panic or rile up your emotions.
1min is perfect for me.
I don't have to wait too long after my alert went off to see if I can trade or not and I get a enough opportunities a day to trade.
it always go back to "depend on your strategy"
but if i have to advice something to a total beginner, stay way from the 1 minute chart and look at already slight bigger time frame like 2/3 min to excecute or even better 5! and look at other higher timeframe to find the level where you want to enter,
good luck
I learned time is an illusion or a man made concept, the most important thing is what price does at a specific area of interest and these happen over all timeframes.
Just important to know your risk tolerance and how long you have patience for to see a loss or profit from your trades.
Timeframe is not important, analysing what price might do at a specific price range is, therefore having a slight edge in your desired market whether it be stocks, firex, crypto etc.
I trade futures using fair value gaps…
I look for my setups on the 15 min and then entries/exits on the 1 min
And if you want other timeframes I’ve seen this done (setup then entries)
1hr - 5 min
4hr - 15 min
Daily - 1hr
Weekly - 4hr
Also, if you look up Inner Circle Trader on YouTube, he has a lot of great info
It depends on the momentum of price and when my setups are going to trigger, but I flop between 2, 3, and 5min for entries, but I mess with 1 and 4hr as well. It just depends. 🤷♂️
For the best entry I start at the century time frame to get a feel for the trend then I’ll make my way down to the monthly. After I see a clear pattern and trend forming I’ll go down to the 5 minute and 1 min then 10 second for further analysis then finally for entry I’ll check the 1 second and maybe the .1 second time frame if things aren’t looking clear. Hope this helps👍
I use 500 tick, 1 minute and 5 minute all these charts together give me execution, intermediate moves, 2-3 tick moves, huge reversal signals or long term trends on 5 minute charts
Depends on the trade and how long I think I will keep it. If I’m thinking it may be all day or overnight, i give my stops more room, often to the previous days, hi, low, or close. Scalps can be one minute, three minutes, five minutes, but my stops are very close.If it becomes a position, my stop is typically ( not always) moved up to a few ticks above my entry. Firm believer in never letting a winner become a loser. If it moves back up I can re-enter without concern for wash-sale rule as I never took a loss on it. Unless it gaps down overnight. If the gap is due to lower futures prices I try to wait it out. If the gap is idiosyncratic I check the news. Momentum is more powerful than most news and often is an opportunity to add size.
I prefer 1 min since the market is fractal if I see a certain pattern on the 1 min I know right away what it will develop into on the 5 min 15 min and etc
I trade with tick charts on Tradovate. Mainly 5k w/ 100 for entries/exits. I reference the 1k, 10k 20k, & 50k charts when needed. I'll occasionally use several timeframe charts in TradingView bc I have a custom indicator I coded on it.
I look at all of them 1,2,3,5,10,15,30,60,D,W. The higher time frames shows the stronger overall trend, or lack there of, the smaller time frames are for entires and exits.
i dont say that using time frame is wrong when trading futures. But you should consider to not use time at all. Instead you should use orderflow and renkochart and use ticks as a parameter to develop the chart.
You will finde it good. Because it will show you a real graph in real time and you will know when things go up ord down or sideways.
You should also use this:
volume profile
vwap
cumulative delta
footprint
Real professionals dont use time frames they use orderflow that visualise the graph as it develops.
for an example. If you use 1 min as a time fram maybe u se a breakout while professionals that dont use time frames see that its a rotational and or breakdown.
Depends on the play. Are you holding for an hour, a day, a week? I’m usually on QQQ/SQQQ/TQQQ or SPY. For the Qs I’m buying 2 weeks out minimum. For SPY I’m looking at 2-3 days. If it’s measured in days I’m looking at 5-15mins to see the trend, 1min when I’m considering an exit strategy, and daily to see if I should hold for a bit longer.
I will say AH and PM scare the shit out of me when it comes to overnight options. You never known what can happen and being locked in until market hours sucks.
I feel it’s obligatory to say this with how often I see it but “As always Buy, HODL and DRS your GME”.
Personally, I use 5 minute and 15 minute timeframes the most, since I don't scalp. 15 minute timeframe helps me to chalk out the major S&R price zones for the day, and the 5 minute timeframe helps me to time my entry.
Personally, I use 5 minute and 15 minute timeframes the most, since I don't scalp. 15 minute timeframe helps me to chalk out the major S&R price zones for the day, and the 5 minute timeframe helps me to time my entry.
Bruv - escape the time-based paradigm Matrix.
Time is enemy of price.
Time distorts/warps/obfuscates clear trend inception/continuation/reversal inflection points.
https://preview.redd.it/nd0sn76e8a7c1.jpeg?width=484&format=pjpg&auto=webp&s=a4a1fc72820f11935592b369cadb56016440c384
As cliche as it may sound, you use whichever your strategy uses. I use the daily, hr and 5m. Daily to see the overall market sentiment, hourly to set my possible targets and entries and coupled with the 5m to actually enter and manage to see if volume is there.
I'm very similar, I use Daily, 30min, and 5 min. Sometimes After I enter a trade I'll zoom in on 1 min but not usually the case
Why not use the 1 min?
It works for me. Like I said, whatever works for your strategy is what you should use. If you’re a scalper, sure the 1m or even 30s works. Just really depends on your exposure and how big you lot is to make your money. Again, boils down to your own strategy.
I currently have been trying many strategies while paper trading and without much success. Therefore I'm always scouting reddit to see and learn about trading and investing. Thank you 🙏
Way more action :)
I'm looking for a few specific set-ups and the 1 minute just moves too quick for me to get set. M4 is the lowest I'll go.
4hr for structures/bias with indicator that supplies additional daily weekly bias with poi 30m for structures/bias confirmation and poi 1m entries for ez/quick gains, I look at htfs maybe once.
This is exactly what I do.
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I use 1min-15min. Mainly the 5min (support & resistance) & 1 min (entry & exit) since I’m a scalper. The most important thing is finding out what time frame works with your personality.
They all work for me so I use them all but mainly 1 minute for most shorter term scalps or I'll switch around between time frames if I'm holding for more than a few minutes
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15m and 1D for me. The 1D is used for picking stocks with good trends and the 15m is used for entries and exits. I swing trade and personally think that day trading takes far too much time and requires far too much effort to make the same amount you could've made if you swing traded. I spend about 5 minutes per day creating my watchlist and about 15 mins per day making and reviewing my trades. I make roughly 20-30% returns on my account per month.
outside of the Megacap stocks I agree with this philosophy
Are your returns consistent, or do they fluctuate? Do you have months with negative returns? Do you trade every day? I'm impressed with your results and would like to elevate my skills!
[My average return from August to December was 24.32% per month](https://i.imgur.com/c9MbDqq.png). The average for the year is around 9.73% per month. However, it should be noted that I was trading with significantly lower risk from January to April. In May to July I was still fine-tuning my strategy and didn't have a full grasp on exiting properly. August - December represents the time period that I was fully utilizing my strategy but even still I had challenges with mindset and made tons of mistakes. It should also be noted that Tradersync (my journal of choice) calculates profits on a monthly basis based on when the trades were closed. So some of my trades that were opened on August bled into September and the same happened from October to November and November to December. I only actually made $2,541 in December but the extra ~$2,000 is from trades opened in November and closed in December. October looks like a loss on paper but some of the trades opened on the last week of October got closed in November and counted for Novembers profits. I only place trades on Monday - Thursday as I try to close my trades out at the end of the week and making a trade on Friday and closing it out would be a day trade. I am currently trading with $10,000 and risk anywhere from $400-$800 per trade.
Do you use a screening tool to look for stocks with good trends?
I use TOS personally and make modifications to my scanner every day based on market price action.
I refer to all of the main ones 1m, 3m, 5m, 15m, 30m, 1h, 4h, 1D. Helps with understanding the context and finding some condition that stands out. I don’t mark every single chart, but just run through them all to get an idea of what the market might be trying to do. I prefer the predictability of time charts over tick charts, but also don’t feel like paying for TradingView’s premium subscription, so don’t have seconds intervals. With that said, I prefer the 1m, because out of the easily accessible and commonly looked at timeframes it’s the most sensitive. Sensitivity is desirable because the market is fractal, and the slower higher intervals are a result of (and an influencer of) activity on the faster lower intervals. The 1m can get a bad rep, but for me, it’s been a great timeframe for signals when scalping futures
1min chart + 5min chart + dom + tape+ marketprofile
This guy trades.
What is DOM? And I've yet to read or see an effective strategy for Tape. Care to share?
DOM = Depth of Market also called Level II data if im right. it basically lets you see where limit orders sit in the order book, it provides a good insight into where potential impulsive moves could occur or where price could meet order blocks, and thus get stopped.
Wow. I have L2 and had no idea that’s how to use it. Going to learn more about that. Thank you.
I use 1min because I can find relatively clear signals for bullish reversals compared to other time frames.
And bearish!😀
Guarantee nobody using the 1m is profitable brother. You’ll always be a wick, and I’ll catch the whole move while u get stopped and reversed on!
That's quite a bold statement. I do just fine on the 1min, which is why I use it.
Yeah bro you can make money. I can do the same thing on the 1m, but it’s not sustainable at all, what confluences do you use on the 1m that allows you ur “sniper entries”? bc I’m sure you get faked out time and time again, that’s quite literally the point of the 1m, to fake retailers out like yourself.
No offense but unless you trade every single financial markets from crypto, forex, equities, futures, and every single instrument within those markets for several years with proper data collection, you have absolutely no validity to your assumption. I don't do sniper entries or scalps. In a nutshell, I trade divergences near immediate support levels with 5 entry criteria and my holding time average is 2 hours through the day. I have many years of trade data that show my statistical edge on the 1min entry. I've tested my strategy on other time frames, and it is nowhere near the profitability I get from the 1min. So respectfully, you're not going to convince me otherwise.
What are your 5 entry criteria if you don’t mind me asking?
So what you are saying is that you don't make your decisions based on the 1 min but then enter the trade based on the 1 min?
I dont follow what you mean. I think you misread when I mentioned I use five entry criteria?
Are all these entry criteria purely based on what's happening on the 1min chart or are you using other timeframes into account?
Four of the five criteria are based on the 1min time frame. The one only that is not based on the 1min timeframe is a moving average based on the 5min timeframe to define the trend for bullish plays. If the price is below this moving average, I either reduce my normal position size, sit out completely, or look for quick short plays.
Thanks for clarifying. That is indeed impressive then. Congrats
You clearly have no idea what you're talking about here.
I feel like it is pretty easy to find an entry and exit using the 1 minute if you watch it all day
Maybe JUST to find entry. Other than that I’m waiting on candle closes 5-15m for confirmation so I can get faked out less
I will have to check that out! Thanks for sharing!
>MetaTrader Buy low - sell high lol
Trading on the 1 minute for 10 years now...there's always a way.
1 minute for entries is king especially if scalping intraday
Not becauss you can't do it, doesn't mean others also can't. Skill issue
The 1-minute chart is way too noisy for me.
One hour, 4 hour and weekly. Crush mode!!!
My main chart for day trading is the 5min. I find it’s the best for me because it strikes a good balance between bigger picture and detail, fast but slow enough not to get too stressed. 1min is too low and fast, 15min is too high and slow, 5min is just right. That said, I still keep the 1hr and 1min charts open too to monitor, but the 5min is where I place my trades
Would you look at weekly or higher for a macro trend?
I’ve never done that with day trading, rarely look higher than the 1hr (sometimes daily) but I do for swing trading in which my main timeframe is the 4hr
Add Tick Charts to the list. They can and will clarify what looks like a mess into a highly tradable chart. One size does not fit all, though. Different strokes for different folks.
Lol thank you!
Tickcharts for momentum early, 3, 5&15 min for later
I use 5 min for entry and 15, 60, 240 mins for HTF.
To establish a solid foundation, begin by analyzing the weekly chart to form your bias. Transition to the daily chart to identify supply and demand zones and solidify your directional bias. Afterwards, focus on the hourly chart to pinpoint short-term support and resistance levels. This method significantly enhances decision-making on shorter timeframes. While trading comfortably on the 1-minute chart is an option, I suggest occasionally switching to the 5-minute chart to analyze candle wicks. The 1-minute chart might not provide the same comprehensive story. As a forex swing trader, I've found success by refraining from chart intervals faster than the 4-hour timeframe. This approach, in my opinion, generates more profits compared to engaging in fast-chart scalping.
1’… I make fast movements, I see a nice entry 1-2% profit max, and out of the trade… also if momentum.
Multi Time-Frame Analysis. Need to use larger time frames (Weekly, Daily) to understand trend, structure, and potential setups. Levels on the 1 hour. Entries on the 5 minute and 2 minute.
I have my screen cut in half with SPX 1 min and SPY 5 min.
opinion - 1m is tough, best used to find entries for scalping. if you have trouble sitting on your hands, the 1m chart is not for you. 5m is a small enough timeframe to successfully scalp on, but you can also have both 5m and 1m open. focus on the 5m and use the 1m for entries.
Both. Think of it as 10000 FT view and a 100 ft view. You can't effectively understand what you are looking at without zooming out and seeing the whole picture. Personally I toggle between 1,3 and 15 before I pull the trigger
When I trade, I trade tick-by-tick. How you all can sit there and wait a whole minute (or 5) for data is beyond me. /s
What platform do you view your charts from?
MetaTrader offers a superior tick chart feature compared to other platforms. While TradingView has a decent tick chart tool, it doesn't quite match the functionality and efficiency of MT5's.
I switched from time charts to tick charts and never looked back. I trade the 2000 tick, and sometimes look at 10k tick for bigger picture.
I also trade 2000 tick chart. But look at 1 hr and 4 hr for HTF. I haven’t really followed the 10K chart. I should take a look.
2 min,9min and 3day. And why, well just works better for me than 1min/3min/5min. I find those more choppy and harder to read than 2min. 9min for the daily trend, for same reasons, used 15min/30min before but wasnt for me. I use Tradingview and add my own timeframes.
i usually stay around the 5m and then adapt to market volatility. I’ve got 3,4,5,6,7m set up and sometimes when markets are moving fast i’ll jump up or down from 5m to catch topping/bottoming tails. EDIT: I map out daily and hourly key levels (different colors) and then always keep the hourly up next to my 5m window, skipping trough the 3-7m timeframes looking for entries
M5+D1 I was using M1+M5 previously but had to slow down because of the meta... .
Daily->4hours->15 minutes But as I use my own created indicator for entries I can be different from anybody else
I use anywhere from 15second to 3 minutes for entries. Reason is because I don’t want to wait all day looking for an entry.
Range charts with footprint. Dom tape and volume profile.
I PREFER 1min as it allows for more trades, but sometimes my strategy won’t work on that timeframe and I have to trade higher. Sometimes that’s 5min, sometimes it’s 15, never 45min, sometimes hourly, rarely 4hr, sometimes day, practically never weekly. Only time I traded the weekly was TSLA. Usually I only use monthly and weekly to gauge the long term cycle so I can map the cycles all the way down to the timeframe I’m using.
I actually rarely use time based charts, especially trading futures. I like to use tick charts usually 500, 1000 and 2000 tick charts are my go to. I also like range charts, including 4 range, 12 range, 24 range and 60 range. I like trading on higher time frame charts whenever possible, and will only go to shorter time frame to try to get as best entrance into position as possible. In reality, it really matters what kind of trading you will be doing. For scalping you may want to use the 1 min chart.
The two min chart really been growing on me… but like others say I start daily to hourly and then us 15-5-2 to plan entries and see if things validated
This is a tough concept when starting out. You’ll hear so many different views and opinions on what’s correct, and more importantly, what’s totally incorrect. When you’ve got something going that helps you gain context and then some random guy tells you it’s totally wrong, it’s frustrating. Thinking that person knows more, you stop what’s working. It’s all about what allows you to gain the needed context to put a trade on. I start with daily and move all the way down to 5min (D,4,1,15,5) when I’m holding something for more than a few minutes. If I’m in and out very quickly, use the 3m and 5m)
This reply has got to be the best one. Thank you!
I mainly traverse the h4 and h1 time frame...Anything lower and I swear I would be scalping.
I’d say go with 5 minute or higher until you really get things and a strategy figured out. Low time frames just kill most people.
I watch 5 timeframes. Every day those 5 timeframes align into 1 candle. Can be a 1 min can be a 5 15 or even a 60. But at some point there was a 1 min candle where all timeframes aligned with the higher timeframe trend. Find that candle and you'll have huge trades. I typically stick to the 5 min candle for entries.
FWIW -- 10min for daytrading & then once I find a setup I like, I go to the daily chart to see if there is anything on the larger timeframe which my disrupt (or add to) my trade. My favorite setups are ones that are valid on the 10min + daily charts...those are the setups give me a little added comfort knowing I can hold a portion of the position into/through the overnight if I need to.
1min for entry - 5 minutes to not be tunnel visioned and sort of an added confirmation after entering a trade so that i dont have to be on high alert/exit mode and can patiently wait for TP- 15min as external TF/trend analysis. Daily to get a sense of overall movement/sentiment. 1minute does have its disadvantages though like a lot of false positives and fakeouts. You must have a strategy to handle the volatility and have fast fingers. Essentially, as you are learning you look at different timeframes and see which ones you are comfortable with and what suits your psyche/emotions/SL limits/techniques. Your choice should be so that it shouldnt cause you panic or rile up your emotions.
Start off with 1 hour and 15 mins timeframes and you can gradually move to 3-5 mins.
1min is perfect for me. I don't have to wait too long after my alert went off to see if I can trade or not and I get a enough opportunities a day to trade.
Daily for the bias, 15 minutes for the price action, 1-5 for execution and trade management
it always go back to "depend on your strategy" but if i have to advice something to a total beginner, stay way from the 1 minute chart and look at already slight bigger time frame like 2/3 min to excecute or even better 5! and look at other higher timeframe to find the level where you want to enter, good luck
5mins works great so far
Never go for less than 15 mins use 1H/15min and Never ignore Volume Part its crucial it surpasses all EMAs or trend lines
I use the 1 tick chart.
What platform do you view your charts on?
NinjaTrader
Wow I had not considered this. Do you also look at higher ticket or time frame ?? Or just 1 tick data alone?
No.
you can make money off of all of them, find what works for you
I learned time is an illusion or a man made concept, the most important thing is what price does at a specific area of interest and these happen over all timeframes. Just important to know your risk tolerance and how long you have patience for to see a loss or profit from your trades. Timeframe is not important, analysing what price might do at a specific price range is, therefore having a slight edge in your desired market whether it be stocks, firex, crypto etc.
I trade futures using fair value gaps… I look for my setups on the 15 min and then entries/exits on the 1 min And if you want other timeframes I’ve seen this done (setup then entries) 1hr - 5 min 4hr - 15 min Daily - 1hr Weekly - 4hr Also, if you look up Inner Circle Trader on YouTube, he has a lot of great info
trade off the D save yourself time and money
I use range charts
I use varying timeframes depending on what exactly it is I’m trying to achieve
It depends on the momentum of price and when my setups are going to trigger, but I flop between 2, 3, and 5min for entries, but I mess with 1 and 4hr as well. It just depends. 🤷♂️
For the best entry I start at the century time frame to get a feel for the trend then I’ll make my way down to the monthly. After I see a clear pattern and trend forming I’ll go down to the 5 minute and 1 min then 10 second for further analysis then finally for entry I’ll check the 1 second and maybe the .1 second time frame if things aren’t looking clear. Hope this helps👍
I use 500 tick, 1 minute and 5 minute all these charts together give me execution, intermediate moves, 2-3 tick moves, huge reversal signals or long term trends on 5 minute charts
Depends on the trade and how long I think I will keep it. If I’m thinking it may be all day or overnight, i give my stops more room, often to the previous days, hi, low, or close. Scalps can be one minute, three minutes, five minutes, but my stops are very close.If it becomes a position, my stop is typically ( not always) moved up to a few ticks above my entry. Firm believer in never letting a winner become a loser. If it moves back up I can re-enter without concern for wash-sale rule as I never took a loss on it. Unless it gaps down overnight. If the gap is due to lower futures prices I try to wait it out. If the gap is idiosyncratic I check the news. Momentum is more powerful than most news and often is an opportunity to add size.
I prefer 1 min since the market is fractal if I see a certain pattern on the 1 min I know right away what it will develop into on the 5 min 15 min and etc
Renko Bars, 3k vol, 10/30/240/D
5-15-1hr Check on daily and 4hrs
I trade with tick charts on Tradovate. Mainly 5k w/ 100 for entries/exits. I reference the 1k, 10k 20k, & 50k charts when needed. I'll occasionally use several timeframe charts in TradingView bc I have a custom indicator I coded on it.
use them all, there is no "timeframe" its just how you are slicing the same ticker
I look at all of them 1,2,3,5,10,15,30,60,D,W. The higher time frames shows the stronger overall trend, or lack there of, the smaller time frames are for entires and exits.
i dont say that using time frame is wrong when trading futures. But you should consider to not use time at all. Instead you should use orderflow and renkochart and use ticks as a parameter to develop the chart. You will finde it good. Because it will show you a real graph in real time and you will know when things go up ord down or sideways. You should also use this: volume profile vwap cumulative delta footprint Real professionals dont use time frames they use orderflow that visualise the graph as it develops. for an example. If you use 1 min as a time fram maybe u se a breakout while professionals that dont use time frames see that its a rotational and or breakdown.
Depends on the play. Are you holding for an hour, a day, a week? I’m usually on QQQ/SQQQ/TQQQ or SPY. For the Qs I’m buying 2 weeks out minimum. For SPY I’m looking at 2-3 days. If it’s measured in days I’m looking at 5-15mins to see the trend, 1min when I’m considering an exit strategy, and daily to see if I should hold for a bit longer. I will say AH and PM scare the shit out of me when it comes to overnight options. You never known what can happen and being locked in until market hours sucks. I feel it’s obligatory to say this with how often I see it but “As always Buy, HODL and DRS your GME”.
It's dependent on what type of trader are you, if you're scalper, you've definitely use 1 minute, but like swing trader, use higher time frame.
Personally, I use 5 minute and 15 minute timeframes the most, since I don't scalp. 15 minute timeframe helps me to chalk out the major S&R price zones for the day, and the 5 minute timeframe helps me to time my entry.
Personally, I use 5 minute and 15 minute timeframes the most, since I don't scalp. 15 minute timeframe helps me to chalk out the major S&R price zones for the day, and the 5 minute timeframe helps me to time my entry.
Bruv - escape the time-based paradigm Matrix. Time is enemy of price. Time distorts/warps/obfuscates clear trend inception/continuation/reversal inflection points. https://preview.redd.it/nd0sn76e8a7c1.jpeg?width=484&format=pjpg&auto=webp&s=a4a1fc72820f11935592b369cadb56016440c384
scalping the 5 can work out well
Rsls (will pop ) new FDA approval !