Iâd say it is important know where the trend is going. In that case you have a bigger picture in 4H but do your business in 1M.
I use 30M and 4H preferably
Well I combine the 15 M with the 4H or 1D, also to see or try to detect any possible trends or patterns, hence the Shoulder-Head-Shoulder. Or some other.
- tick chart for trading (ie tactical picture) [1]
- another tab with some longer timeframe -- 5, 15, 30 or whatever minutes zoomed as appropriate to give me a feel for s/r and the broader trends. (ie strategic picture)
[1] Every now and then I suspect volume charts would be helpful instead of tick charts, but I can never figure out why.