HI Im new here but traded a bit before sporadically offline. So which graphs do you good people use, as in what time frames 1 minute, 15 minutes, 30 ticks, daily etc I guess you use them all to check that what you see on one is congruent with shorter or longer term and i gues it clealry would depend on whether you're looking for a quick in and out profit or a longer term trade. I would value your opinions, contributions as I find myself flicking from one to the other and being often put off from a trade , so do they all have to add up or am I barking up the wrong tree? Cheers Mike
After you stare at the screen for about 5 hours per day for 2 1/2 to 3 years, I'd suggest you look at the 1 minute chart for SPY and/or ES.
It really depends on the instrument. If you go too long, meaningful moves are hidden within bars. If you go too short, trends are obscured by the width of the screen and/or your field of vision. For most things, I find there's an optimal time frame between 1 and 15min bars. Equities, for example, frequently do interesting things on 2min bars whereas T-bonds and many currencies move slowly and 15 might be more interesting.
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