S sfunds Jan 5, 2009 #1 Hi, Can traders tell basic setup required for day trading like 1 mnt chart 5 mnt chart 15 mnt chart average Time period per trade signals to follow
Hi, Can traders tell basic setup required for day trading like 1 mnt chart 5 mnt chart 15 mnt chart average Time period per trade signals to follow
N northstar Jan 5, 2009 #2 Day traders normally use 1 min or less to get in and out of stock quickly. Use candlesticks graph with volume indicators.
Day traders normally use 1 min or less to get in and out of stock quickly. Use candlesticks graph with volume indicators.
M MTE Jan 5, 2009 #3 There is no basic setup, it's up to you to determine what you require. Some may have multiple charts up, while others may be trading with nothing more than level 2 or DOM, still others may be somewhere in between.
There is no basic setup, it's up to you to determine what you require. Some may have multiple charts up, while others may be trading with nothing more than level 2 or DOM, still others may be somewhere in between.
T Trvlwanderer Jan 5, 2009 #4 candles and volume on 15, 5, and 1 Index (DJIA, NAZ, S&P) candles and volume on 15 and 5 Strong Daily s/r plotted on all for reference. T&S on occasion.
candles and volume on 15, 5, and 1 Index (DJIA, NAZ, S&P) candles and volume on 15 and 5 Strong Daily s/r plotted on all for reference. T&S on occasion.
