The time frame depends on component of the graphs and data compression, and time frames are:
- Interday : Within the day (1 minute, 5 minutes 0.15 minutes, 30 minutes, 1 hour, 4 hours)
- Daily
- Weekly
- Monthly
The smaller the time frame the more details about the movement of prices, for example, on the part of 1 minute, we can find out where the price at any minute during the trading period (where every minute to the price represents the candle on the chart), while a part of daily we can not know This is because part of the daily shows per day one Japanese, and so for the rest of the tires used chronaxie
Daily Data are statements (within the day), compressed to show each day as a graphic ( one Japanese candle on chart), and weekly data are data daily tablet, to show each week as a graphic (one candle one Japanese chart)
Whenever the data is compressed, the more increased the period to display the old data on the graph, and if the graph displays a 100-point graphic (100 candle Japanese), For part of the weekly can display data for 100 week (almost two years), while on the part of the daily displays data for 100 days, which represents 5 months.
Choose a time frame depends on the style of trading:
Valmtagron often focused on the frame within the day and on the framework, daily, to expect the price movement in the short term, the smaller the time frame the more details about the movement of prices, but in the time frames of very small (like under 1 minute), the price action it seems very large and cause some confusion, which distort the overall picture of the graph.
While the focus of traders on the long-term framework, the daily and weekly framework, to determine the long-term trend and expect the price movement in the long term
Others use both of the charts long-term relationships with graphs short term, as the charts long-term good for the analysis of the overall picture to get a comprehensive view of price movement history, and after analyzing the overall picture on the charts long-term, moving to the charts a short-term analysis price movement in the short term
- Interday : Within the day (1 minute, 5 minutes 0.15 minutes, 30 minutes, 1 hour, 4 hours)
- Daily
- Weekly
- Monthly
The smaller the time frame the more details about the movement of prices, for example, on the part of 1 minute, we can find out where the price at any minute during the trading period (where every minute to the price represents the candle on the chart), while a part of daily we can not know This is because part of the daily shows per day one Japanese, and so for the rest of the tires used chronaxie
Daily Data are statements (within the day), compressed to show each day as a graphic ( one Japanese candle on chart), and weekly data are data daily tablet, to show each week as a graphic (one candle one Japanese chart)
Whenever the data is compressed, the more increased the period to display the old data on the graph, and if the graph displays a 100-point graphic (100 candle Japanese), For part of the weekly can display data for 100 week (almost two years), while on the part of the daily displays data for 100 days, which represents 5 months.
Choose a time frame depends on the style of trading:
Valmtagron often focused on the frame within the day and on the framework, daily, to expect the price movement in the short term, the smaller the time frame the more details about the movement of prices, but in the time frames of very small (like under 1 minute), the price action it seems very large and cause some confusion, which distort the overall picture of the graph.
While the focus of traders on the long-term framework, the daily and weekly framework, to determine the long-term trend and expect the price movement in the long term
Others use both of the charts long-term relationships with graphs short term, as the charts long-term good for the analysis of the overall picture to get a comprehensive view of price movement history, and after analyzing the overall picture on the charts long-term, moving to the charts a short-term analysis price movement in the short term
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