What are Intraday Charts?
Intraday charts
Forex Trading Glossary
Quick Answer: Intraday charts display sub-daily price action, helping traders track momentum, liquidity shifts, and session reactions in real time.
What are Intraday Charts?
Intraday charts display price action on timeframes shorter than one day—such as 1-minute, 5-minute, or hourly candles. They help traders monitor momentum, liquidity shifts, and reaction to data in real time.
Why Intraday Charts Matter
- Precision entries: Drill into trends seen on higher timeframes and fine-tune entries.
- Risk control: Tighten stops by analyzing structure at the same scale as your trade thesis.
- Flow awareness: Spot liquidity pockets and rapid reversals during session overlaps.
Stay Contextual
Use intraday charts in tandem with daily or weekly views. Short-term noise only matters when it aligns with broader market structure.
Building an Intraday Process
- Define which sessions you will trade and prepare levels before the open.
- Anchor decisions to reference points like previous day’s high/low or clearly defined support and resistance.
- Record screenshots of trade setups to build a catalogue of high-quality intraday patterns.
- Take scheduled breaks—decision fatigue ruins execution faster on fast charts.
Related Terms
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