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You need to use the time period chart appropriate to the trade your're making Unless you are scalping the 1 minute chart does you no good If I'm day trading 5 minute day chart is most important but I look our longer to the 10 day and more than that to come up with price targets

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Trader Brian Jones

@MasterBJones

Jan 2, 2021

When day trading, which time frame chart do you use and why (1 min, 5 min, 15 min?)

1:25 AM · Jan 2, 2021Twitter Web App

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The 5 and 15 are also good for seeing support and resistance levels throughout the day.

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How do you determine price targets based off of those charts?

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It’s that simple. Dont overcomplicate it, understand ur targets n type of trade planned. If the reason u took the trade fails, exit n admit u were wrong

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Another simple Charles Astor technique that makes a significant difference.