Anyone scalp stocks?

Discussion in 'Technical Analysis' started by Daxtrader, Jun 20, 2007.

  1. What time frames do you look at? I'm finding it easier to capture breakouts using a 1 min chart and find all other time frames pretty much useless. Anyone else trade off of the 1 min chart?
     
  2. Big AAPL

    Big AAPL

    I like to use the 1 min. chart for entry and exit and the 5 and 10 min. fractals to gauge my setups. The 30 or 60 min. chart is used to visually confirm trend. I also like to see 1 or 2 closes on the 1 min. candle chart to confirm the breakout before I commit. I can't say I "scalp" though, as I can ride an issue up to a couple of hours, if it doesn't behave as predicted.
     
  3. TM1

    TM1

    I use the 1 min and check 5 & 10 day and 10 week for trend and range purposes.