TradingChartsThe source for free market quotes, charts and news - - over 30,000 commodity futures quotes, stock market price and forex rates and charts following North American and international forex currencies, futures contracts and stocks. The charts plot technical indicators such as closing price, trading volume and moving averages, suitable for technical analysis to help identify market trends.
Quotes are updated continuously throughout each trading day, and are delayed the absolute minimum time required by each exchange. If you watch a 15 min chart reversals happen pretty regular every 45 minutes. Trade the 1 min on these reversals and you are goldenMost people think trading the 1 min charts happens so quickly that you trading 5 minute charts forex mini have time to think, but just watch the 1 min charts for a while and you will see that 1 min swings last for longer minnute you would think.
You just need a good setup to get into the swings with a small stop loss.Charts to follow. I have a unique way of looking at the markets, especially forex, which is 1 of the best trending vehicles you can trade. Day traders are commonly trading 5 minute charts to identify short term trends which allows them to stay on top of theirThe close on the tradong bar gives insight into fored immediate market direction of trend for a stock.
When a stock closes at the low or high of the 5-minute bar, there is often a short-term breather where the stock will go in the opposite direction. The psychology behind this is that the stock has been pushed to an extreme as other active traders chase the price trend.