Charts Patterns and Intraday Trading

#1
Hi,

I am learning Charts and Patterns. I will like to have your opinion on - Does Charts and Patterns are really helpful for Intraday Trading.

OR intraday trading is more based on news and speculations.

Thanks
 
#2
Hi,

I am learning Charts and Patterns. I will like to have your opinion on - Does Charts and Patterns are really helpful for Intraday Trading.

OR intraday trading is more based on news and speculations.

Thanks
Charts and Patterns are helpful for intraday trading and why intraday only.
Helpful in all sorts of trading activity and all sorts of market segments
 
#3
Yes, you can utilize charts when it comes to intraday and long term investment plans. You will get to know the price from the starting point till the end point so that you can make better investment decisions.
 

raul12

Active Member
#4
Chart patterns will be relevant in all TFs but do keep following in consideration:

1. The Higher the TF the better for you as the lesser will the whipsaws
2. The higher the TF the more would be the weight of that Support/Resistance
 

monkeybusiness

Well-Known Member
#5
Hi,

I am learning Charts and Patterns. I will like to have your opinion on - Does Charts and Patterns are really helpful for Intraday Trading.

OR intraday trading is more based on news and speculations.

Thanks
If you are really learning Charts & Patterns, you need not be asking this questions,

Regrads
 

Similar threads

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?