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time frame for intraday trading


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The most commonly used time frame on an intraday chart is 1 hour, also known as an hourly chart. Depending on your trading style and preference you can have charts as low as tick charts which is a chart that plots price every second.

 

Is there any benefit to trying 59 minute chart instead of 1 hr chart? My half baked theory is that your signal would happen before the 1 hour guys get their signal. Plus, many platforms cannot even do this, so your entries will be unlike most others.

 

Just wondering is anyone has done this, and if it worked or not...

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