Technical Analysis 101 (Part 2): Which Time Frame Should You Use? [2020]

Описание к видео Technical Analysis 101 (Part 2): Which Time Frame Should You Use? [2020]

In this video, and this technical analysis 101 series, I'm going to be teaching you Technical Analysis from the very beginning. If you are completely new to trading or technical analysis, or maybe you just want a refresher from the beginner, then this video and tutorial series will be for you.

This second part of the series dives into one of the most important aspects of day trading - time frames.

First off - How do you choose a time frame? I'll show you how to do this on TradingView, but you can use whichever platform you prefer. My favorite time frames are the 5 minute, 15 minute, 1 hour, 4 hour, and 1 day.

What does a time frame actually represent? We learned all about these candles, but how do we know how much time each candle represents, and when does the current candle end and the next one start?

We'll compare candles across different times, so you can see how multiple candles on the 5 minute time frame make up just one candle on the 15 minute time frame.

Finally, I'll help you understand the question you're looking for - which time frame should you use? This question doesn't have a simple answer, so I'll walk you through a few examples on the chart that will help guide your answer on this.

Thanks for tuning into this Technical Analysis Series and watching part 2 here on time frames. If you enjoyed this video and are just starting your Technical Analysis journey, please let me know in the comments and ask any questions you might have! I'd love to work with you along this journey and help you become TA-Proficient.


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// TIMESTAMPS

00:00 Intro
1:03 How To Select Different Time Frames
1:30 What Does A Time Frame Represent?
3:21 Candle Time Frame Comparison
5:36 What Time Frame Should You Use?
9:49 Outro


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