Charts Patterns and Intraday Trading

[saymoh]

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

 

[thundercloud0077]

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

 

[amazingAkj]

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]

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]

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

 

[dhilsath]

Try to make use of this statergy
ema200
ema633
heiken ashi
Thease are the major support or resistance zone, if price rises above or below these zone, buy or sell at retracemant or when the price retrace touching these zones, when heiken ashi changes it colour go for buy or sell. It is suitable for all time frame
http://www.traderji.com/attachment.php?attachmentid=20359&stc=1&d=1433475528