15Min Technical Analysis Charts

Technical analysis of stock trends

Now that we have discussed Trading Time Frames, notice I said trading time frames…..meaning the time frames we discussed in the last section where for entries and exists, we are now going to be discussing Analytical time frames or technical analysis of stock trends
As an example, you wouldn’t make an appointment to see your friend without a specific time, and day.

Now we need to know which month and year. Are you thinking of seeing your friend in the next few months, next year, or when?

The analytical time frames give us a broader view of what the stock or the market is up to. I promise you once you have read and understood this piece of information, you will be able to figure out whether it’s worth your time to enter a trade or not.

There are 3 charts to be considered when discussing technical analysis of stock trends.

The first time frame is the 15 min chart…as stated in the previous lesson on 5Min Technical Analysis Charts , the longer the time frames the longer we have to wait for the candle to form, however, the bigger the gain you will receive from the stock or the market.

We have known some traders who make their living by trading the 15 minute time frame. We enjoy trading the 15 minute time frame, however, because of our personalities; we sometimes find it hard to sit through an entire 15 minute candle formation.

The 15 minute chart can give a day trader or a stock market investor the cleanest, and most accurate trades.

The 15 minute time frame should be used by day traders or intra day traders as a means of identifying the following important components in a stock or market:

1. Market or stock strength

2. Areas of support during the intra trading day

3. Areas of resistance during the intra trading day.

4. The underlying trend for the stock during that time.

Because it takes 15 minute candle exactly 13 more minutes to form than a 2 minute candle, we can deduce that the 15 min chart potentially has greater power than the 1, 2, 3 and 5 minute trading time frames.

By the time a 15 minute candle has formed, the 1 minute chart has produced 15 candles, in either direction of the 15 minute candle.

See example of the 15Min Technical Analysis Charts and the 1 minute chart to understand the significant power of the 15 minute candle, compared to the 1,2,3,5 minute charts.

Before you enter a trade, you have to analyze your 15Min Technical Analysis Charts of the stock and the market in order to assess when the important components listed above are in relation to your stock and the market.

• 2Min Technical Analysis Charts
• Stock Market for Beginners: 2 Minute Stock Market Time Frame
• Stock Market for Beginners: 3 Minute Time Frame
• 5Min Technical Analysis Charts
• 15Min Technical Analysis Charts
• Stock Market for Beginners: 60 Minute Technical Analysis of Stock Trends
• Stock Market for Beginners: Daily Minute Stock Market Time Frame