Technical Analysis - Chart Timeframe - Aussie Stock Forums

Results 1 to 5 of 5
  1. #1

    Question Technical Analysis - Chart Timeframe

    Hi All,

    I would like to have your opinion on what is a good timeframe when you look at a chart.

    I've come to realize that the larger you look at, the easier is it to spot trends.

    Unfortunately when I do that I seem to miss the little weekly trends, support or little details like the RSI indicating "overbought".

    So I'm asking you guys your opinion on what timeframe I should rely on the most if I intend to trade on a monthly basis ? Can you also give an example ?
    Attached Images

  2. #2

    Default Re: Technical Analysis - Chart Timeframe

    Easiest to trade in decending order,over the longterm.
    Each are traded differently to the next but similarly in many ways.

    15 min
    5 min.

  3. #3

    Default Re: Technical Analysis - Chart Timeframe

    Hi srivest

    First work on understanding your character. Ignore the market.

    If you are blessed with a patient disposition and not having the need to fiddle around the edges ..... perhaps weekly/monthly charts

    If you are somewhat impulsive, equate activity with success then perhaps daily/weekly or faster.

    The patterns in the market exist is ALL TIME FRAMES and have always done so ... understand yourself first.

    Alternatively jump into the market and grapple with the time frame and the market will let you know when you reconcile. You will know you are at that point as the bank account will grow year in year out
    All the Best
    by the tips of my fingers

  4. #4
    bullmarket's Avatar
    Join Date
    Dec 2005
    Looking over your right shoulder :)

    Default Re: Technical Analysis - Chart Timeframe

    Hi srivest

    I am an investor and not a trader but I think the principle of starting out looking at longer term charts and then zeroing in on shorter term charts applies to both investors and traders.

    Personally, as I have no need for intra-day charts I tend to look at weekly charts first to hopefully identify overall medium/long term trends without the 'noise' from daily charts but when I am close to buying or selling then I look closely at the daily chart to hopefully optimise my buy/sell point.



  5. #5

    Default Re: Technical Analysis - Chart Timeframe

    agree with bullmarket on this one. I'm a trader and my analysis starts with a weekly chart, then move onto the daily, and then time my entry intraday.

Similar Threads

  1. Which one do you use? Technical or fundamental analysis?
    By Mostafa in forum Beginner's Lounge
    Replies: 872
    Last Post: 31st-May-2016, 02:11 AM
  2. What is the study of technical analysis?
    By tech/a in forum Trading Strategies/Systems
    Replies: 84
    Last Post: 21st-April-2010, 09:31 PM
  3. Technical Analysis Discussions
    By GreatPig in forum Trading Strategies/Systems
    Replies: 10
    Last Post: 17th-December-2008, 03:04 AM
  4. Technical Analysis Question - Bullish Divergence but Bearish breakout
    By trishan9390 in forum Trading Strategies/Systems
    Replies: 29
    Last Post: 3rd-December-2007, 05:56 AM
  5. Using technical analysis
    By jlbrad in forum Beginner's Lounge
    Replies: 4
    Last Post: 2nd-December-2004, 12:30 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Aussie Stock Forums