ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
b1s2, do you agree that the shorter the time frame, the less reliable it is to hold a trade overnight based on that time frame?

would you say that the ~8 points gained from yesterday afternoon's 15 min short grail is very infrequent?
 
B1, question here, as most that eyeball intraday charts, I've noticed that price starts to shift when hourly/240 approaching closing bar (smaller TFs as well), right now there is a possible long grail on the hourly chart, so if a long grail presents itself right now on 15, would you take it or wait for the hourly to complete in 30 minutes and then make a decision?
 
Quote from m4a1:

b1s2, do you agree that the shorter the time frame, the less reliable it is to hold a trade overnight based on that time frame?

would you say that the ~8 points gained from yesterday afternoon's 15 min short grail is very infrequent?
More...


shorter time frames would generally have a lower holding pattern and yes, I would say typically that 8 points would be a bit much although very desirable. I must mention something to you here though- The longer frames can be seen on the shorter frames if you look at them correctly. You need to identify SIGNIFICANT reaction highs/lows to be able to hold on the shorter charts.
 
btw, what do you guys use to cut and paste your charts. i am doing it the slow old fashioned way.

copy screen, open paint, paste, erase private info, save, upload - very annoying.
 
Status
Not open for further replies.
Back
Top