MUST SEE!!!!!! How candle time ranges make a BIG difference
Updated
this is a quick chart today.
the point of this chart is to illustrate how zooming out even 30min can change your whole perspective on how the market is moving.
left side 1h chart
right side 1.5hr(90min) chart
within the circled range (the breakout) you can see in the 1HR chart 3 red candles vs. the 1.5HR chart has no red candles. NONE!
if your waiting for your candles to close before you freak out on a dip then on a 1.5hr chart you would have never seen a reason to close a long.
if red candles scare you out of trades. always zoom out on the charts instead of freaking out and being impulsive.
tip of the day...never trade based off candles smaller than 1HR.
***im not a professional ....i do this cuz i like to help other make money too!****
the point of this chart is to illustrate how zooming out even 30min can change your whole perspective on how the market is moving.
left side 1h chart
right side 1.5hr(90min) chart
within the circled range (the breakout) you can see in the 1HR chart 3 red candles vs. the 1.5HR chart has no red candles. NONE!
if your waiting for your candles to close before you freak out on a dip then on a 1.5hr chart you would have never seen a reason to close a long.
if red candles scare you out of trades. always zoom out on the charts instead of freaking out and being impulsive.
tip of the day...never trade based off candles smaller than 1HR.
***im not a professional ....i do this cuz i like to help other make money too!****
Note
i dont proof read my chit!Note
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