How to Analyze Intraday Trading Time Period | Intraday Time Analysis | By Invest Therapy
Intraday Time Analysis:
In Intraday Trading daily chart is the most commonly used chart that shows the price movement of the stock on the one-day interval. This chart is popular for the Intraday Trading technique and it helps to understand the movement of price between market opening and closing hours of the daily trading session.
Chart For Intraday Trading:
Trading Are Quite popular in the Trading world. This helps traders to predict the movement of Stocks between opening to closing bell of the daily trading session. There are several methods of using Intraday Trading charts. Below Is some commonly used chart that Traders use while Trading in Intraday:
Intraday Hourly Chart:
This type of Intraday chart shows the price movement of particular stocks for a specific period of time. This also includes details of the stock for a single trading day. Each Bar or Candlestick shows opening, closing, high and low of a particular stock for every hourly interval. This type of chart Analysis used for short term trades Last from a few hours to a few days.
15-Minutes Trading Chart:
This type of trading Chart shows opening, Closing, high and low movement of particular stocks for 15-Minutes Interval. This Trading chart is frequently used by Intraday Traders which last only For few hours to a few trading sessions.
5-Minutes Trading Chart:
This type of chart is extensively used by Intraday Traders. It shows the price movement of the stock or Index. Every bar shows opening, closing, high and low of a particular Stock For 5 Minute interval for the chosen time frame. This chart is useful for quick trading lasting a few minutes to several hours during the Trading session. Long-term traders also use this chart to identify and select entry and exit points while Trading for a longer period of time. 5 minutes Chart is beneficial tips for long-term share market Investment.
2-Minutes Trading Charts:
This is another popular Intraday Trading chart among Intraday Traders. This type of chart shows price movement between some hours of the same Trading Day. It shows opening, closing, High and low of a particular Stock For the interval of two minutes for a selected period of time. This is our most useful for Intraday Trades which lasts for some minutes to several hours for one trading session.
Intraday Tick-Trade Chart:
This type of chart is a line chart that shows an Executed Order of every trades in the stock market. When using this type of chart Traders need to keep in mind that time is not exact and every point the chart indicates the actually completed trade. If the market is not liquid the chart shows only a flat line and if the market is highly liquid it shows constantly moving ticks. This chart is useful for Intraday Trading while tracking every completed transection with a line across time. If the chart is going up or down it immediately shows an upward and downward movement in the stock.
From the traders' perspective, the market conditions can be charged. To be successful, time Analysis is an important tool and also an essential Intraday tip that always be kept in mind.