How many min does it take a candlestick to form in a 15 min charts

francis

like how many minutes does it take a candlestick to form in a 15 minutes charts.....

Also can you trade in a 15 minutes charts with 30 minutes expiry time.....or trade in a 5 minutes charts with 10 minutes expiry time

(The reason is that since market is running faster in the 5 minutes charts, I don't know if you can predict the market since everything can change under a long range of expiry time.)

tradingpanther23

15 min for each candle stick on a 15min chart . And u can trade 5 min charts with 10 min expiry time as that is usually how I conduct my trades and I havent messed around with 15min charts with 30 min expiry times but I assume you can do the same. If you go trading journals you'll see trading panther and you'll see the trades I've made on a 5 min chart. I hope that helps.

francis

which means it takes 1 minutes to form a candle in 1 minutes charts and 5 minutes to form a candle in a 5 minutes charts?

If you are trading on a 1 minutes charts with 5 minutes expiry; 5 candles will form before the end of the expiry time, right?

tradingpanther23

Yes.

ninja_bodotnet

Hey Francis - check out this article Michael just published which also has links to some great stuff on candlesticks: http://www.binaryoptions.net/blog/trading-doji-signals-with-binary-options/

francis

ninja_bodotnet said:

Hey Francis - check out this article Michael just published which also has links to some great stuff on candlesticks: http://www.binaryoptions.net/blog/trading-doji-signals-with-binary-options/

I know candlesticks, the Doji,Harami.engulfing parttern etc.........But their are final technical things one has to know that never explained when it comes to market world thats why am asking those
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Nevertheless , ninja_bodotnet, if you have a clue to the questions, you are welcomed?