The assumption is that there must be an optimal chart interval the length of the bar on a chart in which trades are more likely to be profitable. Having said that, however, the time interval for your chart is indeed VERY important … but for reasons that do not occur to most who are day trading or swing trading.

There are indeed a couple issues that do make certain time frames objectively slightly more reliable than others. In theory these reasons make a lot of sense. More importantly, there are personal reasons that some time intervals are better than others for individual traders. These are the critical, yet less examined issues.

How to find the best time interval for your charts. WHAT DO YOU THINK OF THIS VIDEO? PLEASE LEAVE YOUR COMMENTS AND RESPONSES BELOW! Good advice, Dr Burn, But a lot of people do not know what psychology is, this is a BIG word even for some professonal.

I like to use 3 for day trading. Hi Barry Many thanks for the very useful information. I have a question for you — I have a problem identifying a suitable longer time frame to use as part of the confirmation process. I started off using a factor of 5 as used by Alexander Elder. I reduced this to 4 but I am now experimenting with 3. I look forward to your thoughts on the matter. Thank you for your comment.

Question: What is the Best Interval for Day Trading: One Minute? Five Minute? Answer: NO MINUTE! •

Sounds like you have a very interesting program. There is a real lack of discussion concerning choice of time frames in trading. You have done a masterful job of recognizing the polarities involved in such as choice.

Most particularly in pointing out the individual psychology of the independent trader. Do you have a printout of this video? I would be willing to pay for such. I teach the psychology of trading to a specialized group of people. These are all folks who have experience with Zen, Martial Arts or Eastern philosophy such as the Tao.

One must be very patient to trade based on long term trends. Using shorter time frames you lose the opportunity to make large gains. Now that weekly options are playable, one can establish relatively safe and consistent weekly income from reasonably non-greedy OTM Condor-like Credit Spreads without paying attention to all the noise generated worrying about the greeks, trends, etcetera.

I had good success trading the SPY and QQQQs this way except when I got greedy. I almost always shake my head after watching or reading anything that Barry publishes concerning trading. I mean where else can you get this sought of information.

Top Dog Trading has my support all the way. I think price and volume is the only 2 technical indicators that you need for day trading. Thanks for your question. Do I need to physically got involved in the trading or your PRO are deciding on my behalf. I am not even an amateur. How much is my minimum start up for the single trade. But Barry does and gives us some very helpful comments. Hei…very good sharing of these video, it give me alot of info what time frame we re going used.

I agree with Dr. BB that short term have more trading opportunity,and it is true especially for that small account. But those who made it must more time to watch the trade.

Advantages Of Data-Based Intraday Charts

I always enjoy your free videos but they make me want more since I am a newbee. I have ordered your 3 for 1 courses and hope to get this down in the fourx. Good information, as there is no hard and fast rule. As long as we have enough trades per day, not just one!

You certainly know your stuff. Attention span is a problem that I suffer from and I have missed some great trades cause my mind was not where it should have been. Using the shorter time frames keeps me busy and more alert.

Since I started using your courses and instructions I have started to see some small profits. Thank yoy for this presentation as well as the five day mini course that taught me so much as an amateur.

Many thanks Eugene from South Africa. As usual, I always find useful tips in everything you share. This also has made me stop and think. Truly taking time to know how oklahoma livestock auction results personality will fit the the intervals in which you like trade in.

Burns clearly shows us how to fit our trading personality successfully into our individual execution comfort zones. Reflecting to the original course materials, choice of time intervals for execution relates to this trading tip quite nicely. There is an issue worth considering, short term trading attention spans.

Proper western union exchange rate australian dollar to rupee energy nourishment. If we trade the big money stuff like SPY or FAZ in the 1 and 5 minute intervals with high frequency, clearly we need to food nourish the brain in order to maintain focus.

Burns always puts a generous chunk of meat in the sandwich. All designed to make us think for ourselves and pull the trigger more effectively. Attention span is one topic that I have never thought about and your reasoning makes a lot of sense.

The difference in time frame selection in regards to risk call waiting iphone 5 tmobile reward were also very good points to ponder. Thank you for sharing!

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4 Types of Trading Charts and Charting Periods | Online Trading Academy

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HOME Results TRADING COURSES Free Videos Secrets Best Stuff About. Home Day Trading Day Trading Tips: How to Choose the Best Interval for Charts. Day Trading Daytrading Emini Trading Forex Forex Day Trading Forex Trading Futures Stock Market Trading Swing Trading Technical Analysis Video Day Trading Tips: How to Choose the Best Interval for Charts By.

Best Time Interval for Your Charts The single most common of the day trading tips requested of me is this: There is a very small amount of truth to that assumption, but not as much as one might think. TAGS best time interval for charts Chart Intervals classics Day Trading day trading tips emini day trading Forex. Previous article Trading Volume Indicator Used to Improve Odds For Day Trading and Swing Trading.

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Forex Trading For Beginners: Like what you say. Keep it up Dr Burns. Hi Colin, I like to use 3 for day trading.

Hi David, Thank you for your comment. Another top notch educational video from Mr. Thank you very much. Thanks once again, Mike from Oz.

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