How many time frames do you use ?

Either system traders or traders using TA to make decisions.

How many different time frames do you use ?

 

two for daytrades.....1 and 13 min
two for swing trades....13 and daily

 

bobcathy, what do you see as the advantage of using a 13 min.
verses a 15 or 10?

Thanks

 

1 - 3 - 5 -10 -30 - 60 -min on Pacific Standard Time


100 & 200 Tick Bar charts on Exchange Time

 

in 3 mechanical systems I use, but they differ not only by the time frames.

 

Scalping - 1 and 3 min

System trading - 3 min

 

I use the 1 min, and then when the page is not long enough to cover back to the open, I switch to 2 min, and then 3, then 4, and finally towards the end of the day I am on the 5 min chart.

If I oversleep, sometimes I only need to go up to the 3 min. Because I don't care what happened before I got here.

Sometimes I blow the chart up so only 7 candles are showing, and I pretend I'm a Buddhist monk trying to interpret some esoteric symbolism.

The first candle is the Father, the the next one is the mother, and they have 4 children, and the current candle is the grandchild, and we don't know yet how he is going to turn out.

 

Supposedly it gets you in earlier on the trend. For the way I use it as a backdrop to the 1 minute, 15 would probably be fine. Just something I do from the 3 "experts" I follow.

 

1 min for scalping the ES.

2 and 4 for trading the ZB an ZN. Why? why not!!

Looking forward to trying some tick charts.

Make 'em pretty, Chris

 

3 in 1 chart (Using FibonacciTrader)