ES Journal - 2015

I like 30m charts the best for intraday overall trend analysis, because they respond quicker of course but more because the market divies up evenly into 13 bars not 6 1/2.

To each his own, no such thing as an optimal time frame anyway. IMHO as long as you have identified a trend correctly on a bigger time frame then whichever smaller chart is chosen as a trigger becomes less relevant.
 
Agree, romik. That's one reason why it's so hard to learn to trade from someone. You develop your own system that suits your personality. One man's art(emstreb) is someone else's trash.
 
Indeed. I know one elderly trader, he only trades blue chip companies, he buys on stock declines after bad data/news, that's all he does. No levels, no time frames. He is more of a swing/position trader though.
 
Back
Top