trading 2-minute charts.

[biyasc]

i am very comfortable trading 5-minute charts. recently decided to start trading lower time frames, like 1 or 2 minute charts. but 1-minute charts looks very noisy to me. so decided to concentrate on 2-minute charts. but i am not sure that the 2-minute time frame is valid one or not. so looking for some guidance from experts/seniors.

thanks in advance.

 

[fens4u]

hello wassup

 

[biyasc]

hello wassup

have u read, what i actually wrote ?

 

[Cactus]

Chatarjee,

Did u checked his joing date or number of posts.?

new fellow..........,

why like that ( ) ??

BTW ........much comfortable with 5 minutes......1 minute is also ok. not tried 2 minutes.

have u read, what i actually wrote ?

 

[columbus]

i am very comfortable trading 5-minute charts. recently decided to start trading lower time frames, like 1 or 2 minute charts. but 1-minute charts looks very noisy to me. so decided to concentrate on 2-minute charts. but i am not sure that the 2-minute time frame is valid one or not. so looking for some guidance from experts/seniors.

thanks in advance.

How about VARIABLE time frames?In initial stages ,have lower
sampling interval (basically meant to catch the trend) and in
later stages ,have a bigger time frames.

 

[rkkarnani]

How about VARIABLE time frames?In initial stages ,have lower
sampling interval (basically meant to catch the trend) and in
later stages ,have a bigger time frames.

Something new for me, Nice suggestion, shall surely have a look into some charts!!! Thanks!!

 

[kkseal]

How about VARIABLE time frames?In initial stages ,have lower
sampling interval (basically meant to catch the trend) and in
later stages ,have a bigger time frames.

That one deserves a reputation

Regards

 

[kapil123]

The 1 min and 2 min charts are noisy, but they become very critical / important to watch near critical support or resistance levels.

 

[the tape]

i am very comfortable trading 5-minute charts. recently decided to start trading lower time frames, like 1 or 2 minute charts. but 1-minute charts looks very noisy to me. so decided to concentrate on 2-minute charts. but i am not sure that the 2-minute time frame is valid one or not. so looking for some guidance from experts/seniors.

thanks in advance.

Hi Biyasc !

Till now i have tried almost all time frames and i find 5 min charts as the most MEANING FULL ones for intraday trading. the probabilities of identical formations or patterns formed in 5 min ( the results ) are much more higher in 5 min.

For eg: if i see a strong formation such as bullish engulfing in 5 min and in 3 min. i would like to place my bet on 5 min for a very logical reason and that is that most of the traders use 5 min and not 2 and 3 min therefore it gives much more trade confidence when we know that a large number of traders are looking at the same.

Plus if you want to keep another eye on smaller time frame, which in my opinion is gr8, then go for 1 min, used by scalpers.

 

[johnnypareek]

hi,

It doesn't matter what timeframe u use. but, say u use 2min, then trade in trend of 10 min. all noise gone. if 5min, then trade in 15 min direction.

johnnypareek@y a h o o . com