Anyone scalp stocks?

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

  1. Daxtrader

    Daxtrader

    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.