time frame for day trading?

[dafong]

what min bars do you guys like to use? 1 min, 3 min, 5 min, 15 min, or 30 min?

 

[Lucrum]

5, 10 and 15 are my favorites.
I only use one at a time depending on conditions.

 

[alientrader]

i use TICK chart ONLY

 

[antincedo]

1min and tick for scalpin


like the indians

 

[moarla]

take a look at volume charts

 

[sumosam]

i use one minute charts....but, it makes sense to use a longer time frame...will experiment with 5 minute.

 

[Trvlwanderer]

1, 5, and 15. 5, and 15 on the corresponding index.

3 price patterns on all 3 time frames = trifecta and high probablility.

 

[IShopAtPublix]

For those rare occasions where I stick around and watch price action 5 minute chart is by far the best. For the life of me I can't understand why anyone would use 1 minute chart since it is filled with insane volatility.

 

[Trvlwanderer]

Quote from IShopAtPublix:

For those rare occasions where I stick around and watch price action 5 minute chart is by far the best. For the life of me I can't understand why anyone would use 1 minute chart since it is filled with insane volatility.

creation of patterns (price action) with volume on the 1 minute can be very powerful if you are interpreting correctly. I agree the 5 is stronger and allows for better position size calculations.

 

[swingtrader]

When you use tick charts, what is the most critical element of change you watch for? A percentage in price; quantity of ticks within varying time frames?