As a higher time frame chart may have an overall trend upwards, the lower time frames like the 15 minute and the 5 minute, can be trending downwards. We can look to trade the smaller time frame chart reversal back in the direction of the higher time frame chart. The higher time frames carry more weight because they display more data and show more time than a smaller time frame does. If you are just studying 5 minute or 15 minute charts all the time, you are missing out on the bigger, more significant picture of the market. This is why day traders generally use smaller time frames. Good examples of commonly used time frames in day trading include 1, 5, 15, 30, and 60-minute charts. Remember, choosing a trading frame that suits your strategy and trading profile is crucial. This is why practicing using different time frames in demo trading is highly recommended Three Working 5-Minute Trading Strategies. Scalping is a popular approach in Forex trading, as many traders don't want to wait for potential rewards. It involves numerous short-term trades on low timeframes, including 1, 5, and 15-minute charts. However, scalping is challenging. If you are trading with 15-minute charts, be mindful that a sharp counter-trend move can occur at the close of a 5-minute bar. Remember, a close at the high or low of a 5-minute bar is a potential indication that a minor reversal is in play. Charts are typically broken down into several time frames, including 1 minute, 5-minute, 10-minute, 15-minute, and everything in between and beyond. I'll go through each one of these time frames, discuss their pros and cons, and what types of trading styles match up with each time frame. Tuesday is Tradeciety day! Every Tuesday, we release a new podcast episode, share a new trading video on YouTube.* no investment advice - informational and A 15-minute chart is used to determine the trend and key points, and a 5-minute chart is used to set a stop loss and track a position. Also, a 5-minute chart tracks price movement in 5-minute increments, giving you more visibility into price movements as they happen in real-time. If you're into scalping or other short-term strategies, making use of a Moving Average in a 15-minute chart is quite recommended. The 20 EMA is the best moving averages to use in the 15-minute charts because the price follows it most accurately during multi-day trends. 15m is more in day-trading territory. Most scalps are well under 3-5 min. and many of my stock scalps are well under 1 min. As a scalper & short-term day trader I don't often use the 15 min. except when I want to get a longer-term picture of trends. 17 ArchdukeOfNorge • 3 yr. ago So you use 1 minute charts then? LWor7TO.