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gaga322
Joined: 05 May 2009
Posts: 1
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 Posted: Tue May 05, 2009 12:33 pm Post subject: Daily charts or Weekly charts, which one to use? |
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Friends,
I am little confused when it comes to analyse the data for the TA. Which one to use Daily Charts or the Weekly Charts or a combination of both.
Requesting Seniors (Saint, Amit, Joy, Kranthi) to put a light on this if possible with examples.
This will immensly help all the Juniors. |
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parkesh00
Joined: 05 May 2009
Posts: 1
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| Posted: Tue May 05, 2009 12:51 pm Post subject: Daily charts or Weekly charts, which one to use? |
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| The time frame that you use to study charts depends on your trading horizon. If you are a short-term trader who looks at end-of-day charts and have a trading horizon of less than a year, you should be using daily charts for trading. If your trading period is longer than one year, you are better off using weekly charts, which help study the market from a longer-range perspective. |
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mukesh2702
Joined: 23 Sep 2009
Posts: 20
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| Posted: Wed Sep 23, 2009 4:04 pm Post subject: |
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If you are a short term trader than you should look for the day chart and if you are a long term trader than go for weekly chart
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