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Friday, 27 July 2007

What time charts should you be using

We all generally make a mistake of trading and using the wrong charts. Ever realized that ? Have a look as to whom you resemble for a particular trade and trying using that time frame chart and do confirmations if any using the next higher time frame chart.

Trading Style & Related Time Chart

Participant

Chart

Scalpers

1-minute

Day traders

5-minute

Position traders

60-minute

Investors

Daily

Institutions

Weekly

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