well, too bad this thread got so off track. At any rate, I like to trade the small moves. It is a whole nuther world down here.
The math is the same as far as risk reward, but hit rates can go way way up, but commissions become a big percentage of a small move.
There is all kinds of stuff to think about, but at this time, I know of no indicators of the traditional variety that can give a signal quick enough.
That's why on that poll that asked, fundamental, technical or other, I clicked other.
But 4 the record, I use 4 min chrts, if you want to call just looking at them using them. The whole day fits nicely on a 4 min chart. Takes a while to get use to though after the 1 min. You start asking, "How the heck long is it gonna take for a 4 minute chart to make a new candle!?"
