5 min Chart Setup

Discussion in 'Trading' started by exce26, Nov 27, 2001.

  1. exce26

    exce26

    What is your favorite charting study setup for 5 min chart?
    Why?:)
     
    #1     Nov 27, 2001
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  2. candletrader

    candletrader

    I prefer candlesticks, since they most effectively illustrate buying and selling pressures.
     
    #2     Nov 27, 2001
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  3. Nicodemus

    Nicodemus

    CANDLEtrader: "I prefer candlesticks..."
    Why did I guess that?

    Candlesticks with a 20 sma and volume. I keep trying different additions but always go back to k.i.s.s.
     
    #3     Nov 27, 2001
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  4. candletrader

    candletrader

    Moving averages are OK if the stock is already trending ... but many strategies can't use moving averages e.g. skyscraper set-ups for swings, tape reading for demand / supply imbalances.
     
    #4     Nov 28, 2001
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