for example 1 hour which indicator or technical analysis do you use? would someone point me the way? thank you
I trade with 60 min. and on Tradestation I use these settings: - 6 EMAs 3,6,9,12,15,18 - 4 full stochastics - 14,7,3 - 14,14,3 - 21,7,3 - 21,14,3 - CCI 15,9 - MACD 12,26,9 If about 9 of the 12 indicators show a change in trend I enter and if about 5 go the other way, it's time to exit. Having trained myself I can spot entries and exits with >80% reliability. I trade indices and their subproducts like ETFs (DIA, QQQQ etc.), futures as well as forex. Good hunting Felix
I trade usually at shorter time frame less than 5 minutes for me the shorter the time span the more opportunity if the time span is too long the macd is not sensitive to the price movement