ilmscore | Prediction Details
"And I think it's one of the best for intraday trading. It is the best because, look, in intraday trading in the market, your trades usually happen between two to three hours, three to four hours, or four to five hours. To analyze them, if you go to a 1-minute time frame or a 2-minute time frame, you will have to look at any number of candles for a 4-hour trade. Similarly, if you talk about 15 minutes, then in 15 minutes, if you want to analyze one hour, you have to look at one hour. This means that one hour will be broken into four pieces because 50 * 4 = 60 minutes. I hope this is not complicated. Stay with me. Okay, if there is a 15-minute candle, then again there will be another 15-minute candle, another 15-minute candle, another 15-minute candle. Now, if we combine these four candles, it becomes one hour. Correct? Many people also use a one-hour time frame, meaning one candle will be one hour. But what happens in this is that within one hour, the market It can also go very high or low, which will prevent you from making good entries and good profits. For this reason, 15 minutes is the best time frame for analysis."
By Trade with Purab | September 26, 2024 | Pending
From video
Intraday Market Analysis & Best Timeframe - Pt-2 Free Intraday Trading Course 00:17:02 - 00:18:02
Interpreted Prediction
15-minute time frame is considered optimal for intraday trading analysis because it allows for analysis of trades lasting 2-5 hours without needing to look at an excessive number of candles, unlike 1 or 2-minute time frames. A 1-hour candle can obscure significant intra-hour movements, impacting entry points and profits.

Prediction Details

Topic
Intraday Trading Time Frame Analysis

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