Period we need to use for TA

#1
Hi All,

I am pretty new to the TA and also to the website. My applogies if this is a silly question.

I am bit confused on what is the period we need to consider while doing TA. If i choose different period that signals generated is varying.

Can you please let me know what is the ideal periods which i need to consider for day trading and what period i need to consider if i need to go long/short.

Thanks,
Raj
 
#2
Technical Analysis Period

The period taken for technical analysis can be a few hours, days, weeks, months or even years (the primary trend in elliot wave theory which is a technical indicator lasts 4-5 years) so it depends on whether you are an intra day trader, positional trader or long investor...if you are an intra day trader you should be tracking the price movements every hour. Generally intra day trading peaks in the first and last hour of the trading day ie within 9:15 - 10:30 in the morning and 2:30 - 3:30 in the afternoon.

Hope this is helpful
 
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