The 15 minute chart

[golablue]

This bad boy changed everything for me.......

Anyone else love the 15 for day trading the es?

 

[golablue]

no more than 8 ticks stop, and you're good to go.....

 

[focusonmoney]

What strategy do you use on the 15 min chart...?

 

[stock777]

sounds like you have discovered our secret.

I'll have to tell the boys to change the bots.

 

[monti1a]

Quote from golablue:

no more than 8 ticks stop, and you're good to go.....

give it about a year before you get too happy.

 

[Lucrum]

Quote from golablue:

...Anyone else love the 15 for day trading...

My favorite and most productive time frame.

 

[golablue]

Much smoother than all lower timeframes. Less noise.

I'm a price action guy....so I watch H's and L's only.

Nothing else.

 

[Thunderdog]

Personally, I couldn't imagine trading indexes intraday using a 15-minute chart. However, I'm curious. I know it varies from one person to the next and from one day to the next, but how many setups do you guys typically get using a 15-minute chart during the course of an "average" day, and what is the typical size of your initial protective stop? Ballpark.

 

[wee man]

Quote from golablue:

This bad boy changed everything for me.......

Anyone else love the 15 for day trading the es?

I prefer to give your wife a 30 min bar, she feels 15 is inadequate for her needs.

 

[golablue]

Everyday is different, Thunderdog.

All stops based on volatility. Initially, never more than 8 ticks. Always trailing market, too.

When volalility is low, I get 2-3 trades. On days when it's high, I can get as many as 6 or so.

I agree weeman, the 30 minute is even better.

Just follow the market, no thinking.