I do watch 15min and sometimes 5min intraday charts to figure out how price acts around major support and resistance levels on an intraday basis. The two occasions where I always check intraday charts are both related to the momentum gap setup #MGS. Here I use them to evaluate if a intraday bottom is in by reading the price and volume signature. I also use them for the 15min Opening Range Breakout #ORB add-on signal. Other than that I avoid paying too much attention to every little intraday wiggle.

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Disclaimer: This article is my opinion which stems from my own experience gathered trading real money in the stock market. It represents my style and it fits my personality and risk allowance. More power to you if you are a net profitable trader despite violating everything that’s written above!

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