eframes can range from extremely short intervals, like 1-minute or 5-minute charts, to longer periods like daily, weekly, or even monthly charts. The choice of timeframe depends on your trading strategy and objectives.
- Short Timeframes (Intraday): These are ideal for day traders or those looking to capitalize on quick market movements. Examples include 1-minute, 5-minute, and 15-minute charts.
- Medium Timeframes: These are often used by swing traders and include timeframes like 1-hour, 4-hour, and daily charts. They offer a balance between short-term volatility and longer-term trends.
- Long Timeframes: These are used for long-term investment analysis and include weekly and monthly charts. They’re useful for identifying overarching trends and are less sensitive to short-term market noise.
Different timeframes can provide different perspectives on the market, so traders often use multiple timeframes to confirm trends or signals.
« Back to Glossary Index