Trading the Daily Chart

Why not eliminate time altogether and look at range charts.

Point and Figure chart.
Only look price and no time.

upload_2023-2-28_14-49-58.png


Another bizarre way is to look at time only. Monitor the Low and after the Low, where is the High and how far is the High and Close.

upload_2023-2-28_14-54-58.png
 
I used to trade the daily chart for swing trading and would actually win pretty often. The problem was risk management and the placement of my stops. The way that I was trading, my RR was usually 2:1 (not good). To be completely honest, I also had no idea about multi-time frame analysis and refining entries.
 
yes
futures using both outright and options
I run a daily scan right on the close and get results like this below to alert me for possible set ups:

upload_2023-3-6_9-4-6.png
 
Back
Top