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Supreme Being
      
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Last Login: 1/27/2012 12:53:25 PM
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To your opinion, what interval do you think is the best to analyse indicators and chart data?
I saw it in many sources, that they don't recommend short intervals (like 1 minute, 5 minutes etc. )
Best regards!
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Junior Member
      
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Last Login: 2/24/2010 5:26:33 AM
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That is right, I have also read that technical analysis using long time periods is more accurate and more precise, therefore it is safer.
Many traders do not like to wait long, and they choose shorter time periods, however it is not so easy to analyse them.
Many random processes take place in shorter periods, so traders can receive false signals.
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Junior Member
      
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Last Login: 2/3/2010 10:32:44 AM
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On the other hand, if you do not have big money, I would not recommend that you trade on longer intervals, becasue the price changes can be very significant.
If your deposit is not big enough, you can end up with a margin call 
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Title
      
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Last Login: 1/28/2010 8:53:06 AM
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From my experience, technical analysis should include both. You have to start from a bigger interval, to define the market conditions.
Once you receive a signal, you can switch to shorter intervals to define the entry point more precisely.
Every signal on the long timeframe should be supported by the signal on the shorter frame and vice versa,
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Junior Member
      
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Last Login: 4/21/2010 10:34:38 AM
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| Most indicators work best on medium intervals: 1 hour - 1 hours.
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Junior Member
      
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Last Login: 4/21/2010 10:34:38 AM
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Sorry, I meant 1 hour - 8 hours
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