Best time frames for day trading
- For day traders, choosing the right time frame is very important. The most commonly used charts are the 1 minute, 5 minute and 15 minute timeframes.
- Each time frame serves a different purpose. Using them together improves trading accuracy.
How to use each deadline effectively
1 minute chart:
Best for scalping and fast trading. This provides a faster signal, but also includes more market noise.
5 minute chart:
Ideal for balanced entry and exit. It provides a clear layout with a low noise level.
15-minute chart:
Great for spotting short-term trends and consolidation areas.
To see the bigger picture, combine these with a 1 hour chart. Higher timeframes help confirm the trend direction. Use 5 minute chart for accurate entries after confirmation.