Chronicles of an Idiot

Stop 1005

Mama DOW Rules

 

There's no divergence on the 1-min Stochastic. Does this mean you're taking the DT trade based on the fact that the DOW came up short on the DT ?

 

There is divergence grasshopper. You just don't know where to look for it. I will explain this later tonight in the chronicles.

 

Loved that show. But alas, all things must pass.

 

Out with my scraps. I'm Hungry and buy signs emerging

+2

 

ever use less than 1min charts?

like 15second chart intervals?

 

You are the second person to make that suggestion. What purpose does it serve for you. Are you basing more than just entry/exit points on it? Are you trading divergences in this small time frame? What is you risk/reward?

 

The 15 seconds chart would be used for exit points, the same way (or opposite) to how you use the 3 min for entrance.

I used it for a while, it's very hard to follow, I still use it sometimes for exits.

 

no,

have not used it, just heard about it,

not sure which charting package, those who use it are getting it on...

I guess the closest thing to it would be the tick charting features of most packages....

 

Thanks. I guess until my method starts to fail, I will just stick to what I'm doing.