Hello to everybody!
I am a newbie and basically I have just started to learn how to use the technical analysis tools. After many hours of reading I have a critical question.
Could anybody tell me which chart should I use for my analysis and why? Daily chart, hour chart, 4-hours chart etc. 
Thank you in advance and looking forward to any convenience.
Regards
Ierotheos Manolas
You should use the chart that’s appropriate for the timeframe of trading you’re looking to do. If you haven’t made the timeframe determination yet, you should definitely start there. Everything else is meaningless until you do.
Thank you…I will definately do it!
also it depends on what strategy you want to use.There is a 100 diffrent ways to trade the market and while one may work well on the 1 hr frame it will not work on the 5m frame at all.
I want you to take a look at the system i posted here.I have not bought the system but to me it looks like a good system.Dont’ be afraid to demo trade while your learning…
There really is no single answer to this, ask ten traders you could get ten answers, as the answer depends 100% on which strategy you use. I know what works for me, but there is no point telling you that as it might be terrible for you. It’s like asking which car is the best in the world without giving any criteria - someone will tell you that a two-seater sportscar is best, as it is fastest and handles best, another will tell you it is a rugged 4x4 as that suits their circumstances best. A basic answer is that the longer-term you seek to trade, the higher timeframe chart you want to be using. BUT as most (all?) effective strategies require an element of timeframe correlation, you need to start out with a strategy and then find a set of charts (three minimum, I would suggest) that works with that strategy.
I am using 15 minute charts and candelsticks
Just remember every chart is built from the oscillations of the 1 minute chart, when you look at any given price bar on the 15 minute chart, you are, in effect looking at fifteen 1 minute bars superimposed on top of each other.
The highest high of those 15 1 minute bars creates the high on that single 15 minute bar vice versa for the low.
When you look at the open price and the close price on a 15 minute bar, the price of the 1 minute bar that started at the same time as that 15 minute bar also had that same open price.
Imagine as you look at a bearish candle on that 15 minute bar, the price rising from the open price to the top of the bar then falling down back down through that open price all the way down to the bottom then rising again a little until it reaches the close price, that is the way the price action most often creates a 15 minute bar, it is like it travels in a circular fashion around that 15 minute bar, I think this is overlooked by a lot of traders but, depending on your strategy can be quite important to be aware of.