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Don't be so down on this idea -- it's quite plausible and works very well in 'tempered' markets. On average, if you are truly patient and follow a good system, you should net 50-100%/year doing a calendar spread on minimal effort (3-4 trades per month depending on the weekly action). Covered...

Realized you asked about the 'time frame' -- I guess you mean # of bars to form? Mostly, the shorter, the better. Because I don't want to watch it form all day/week/month/year long. On a DAILY, it should form the CUP portion in about 2 weeks (10 trading days) to attract max attention...

As the last post mentions: Cup/handle works in every time frame. The more convergence the better. BUT: a) Watch your overhead trend line: If there is resistance above the breakout on a larger timeframe, (like a descending trend line), it acts like a bull trap and will fail. Usually...

I will say this: Don't give up your system yet! A lot of other good posts in here -- but, I have to say, the last 12-days have been WACKO! You aren't the only one making wrong choices. I don't think it's your system that's wrong or your trading (Don't know your system -- but, nothing...

As part of my overall toolbox, I use FIB and candles intraday. As another post mentions, there are some very reliable patterns in candlesticks on the intraday charts. My favorite (classic candle pattern): - Wide-Range Up bar - Three descending Narrow range bars w/in the Wide Bar -...