tjlizwelicha
Active member
I hope I am not overwhelming you all with my questions. Lol. I am trying to understand the time charts. I have read several books, and I know that each candle represents the time that you are using. For example, if you are using the 1-minute chart, each candle represents a minute, like the 30min, hour. What I don't understand is why choose the Day, Weekly, Monthly even an hour if you are trying to catch the profit in the moment? Does a Day chart represent, for example, today, Wednesday, Tues, and Monday? Those days are gone, so I am confused why it is beneficial to use. I usually use the 1 min, and 5-minute charts cause the market can fluctuate swiftly.