Intraday Trading Time Analysis

Intraday Trading Time Analysis

The success in Intraday trading lies in making the right move at the right time. You need to have a great deal of understanding of the intraday trading time frame and then figuring out how to place intraday trades. In intraday trading time analysis, charts are the major source of reference. The intraday charts depict the price movement right from the start to the end of the day. A skillful intraday trader always studies the chart to estimate the future market trends, he/she does not excessively rely on tips. The traders use trading charts for short-term, medium, and long-term market analysis.

The hourly charts represent data of a single trading day, the trading chart is broken into hourly segments. The hourly charts are very useful to analyze short-term trades that last from a few hours to a few days. The chart displays opening, closing, high, and low-price of stock at every hour for the time period. Hourly charts give unique hourwise characteristics of intraday trading.

These charts show movement at 15 minutes time frame for any stock. The charts display the opening, closing, high, and low price of a stock at every 15-minute interval. These charts can be used to identify very short-term trends in the market. The 15-minute charts also offer useful insights on how to take intraday positions, the particular charts can be quite useful for long-term analysis.

The particular chart is one of the most frequently used charts in the trading community. It is used by both short-term and long-term traders. The 5-minute chart is quite useful for quick scalps that last from several minutes to hours during an intraday trading session Long-term traders use 5-minute charts to select the most optimal entry and exit points while initiating trades for a long period of time.

The 2-minute intraday charts represent the price action of stocks for a few hours. The chart represents the opening, closing, high, and low price of a stock at every 2-minute interval. These charts are useful for traders who are looking at a very short-term opportunity. Short-term traders use this chart for scalping, the actual time analysis of these charts lasts from a few trading hours to few trading sessions.

The tick-trade charts represent every trade executed in the stock market. These charts can be used when a stock exhibits high levels of liquidity and shows distinct trends. In highly liquid markets, this chart shows continuous ticks. The intraday charts are ideally suited for traders who are willing to trade on large volumes.

Time charts are a crucial source of reference material for traders. Analyzing the accurate time period is crucial in intraday trading and the traders can select the charts best suited to them based on their risk capacity and the time period being analyzed. All these time charts are commonly used and most prominent amongst the intraday traders.

100-word intro While intraday trading can be highly lucrative, it has a few risks associated with it. Hence, it is imperative to stick to a proper strategy and execute it. Time period analysis is vital in intraday trading, it gives deep insights about the past, present, and probable future of the market. Regardless of whether the trader is trading for short-term or long-term, being proficient in time analysis is the key to success in intraday trading. For time analysis, the intraday trading charts are valuable, the charts depict price movement at regular intervals. This helps traders to take a call on the position and plan future actions.