The 15 minute chart

Discussion in 'Index Futures' started by golablue, Aug 10, 2009.

  1. Do you use a different time frame to trade the open or do you consider the pre-open action as part of your setup.

    Can't imagine you would give up the first hour of trading with only four bars to look at.

     
    #11     Aug 11, 2009


  2. 15 minute chart only.
    I use the all sessions chart. The "first hour" of day begins at 3:30 CST.
     
    #12     Aug 11, 2009
  3. Using multiple timeframes is the only way to consistent profits. In some markets the 15 will be suitable, in others you may need to use a 5min chart. I agree that a 15 is great for filtering out the noise but I have the most success when I am able to identify trades on the daily or 60min and use the 5min and 15min to time in. Using multiple timeframes is very important
     
    #13     Aug 11, 2009
    FXH likes this.

  4. Multiple timeframes are great, if that works for you. Whatever helps you get reasonable risk is all that matters.
     
    #14     Aug 11, 2009
  5. jjf

    jjf

    What are your trades today august 11
     
    #15     Aug 11, 2009
  6. All us 15 minute boys have the same trades.

    We buy at the lows of the day and sell at the highs.

    No need to even ask.
     
    #16     Aug 11, 2009
  7. lol

    I prefer to offer the old Fibonacci treatment when asked.
     
    #17     Aug 11, 2009
  8. Try 13 minutes. You will be 2 minutes ahead of the 15 minutes crowd.

    Also 13 is prime. 15 is not.

    13 is the smallest integer with eight letters in its spelled out name in English.

    It is also the age at which children officially become teenagers.

    There were thirteen participants at the Last Supper.
     
    #18     Aug 12, 2009
  9. pma

    pma

    LOL:D
    There sure are tons of master traders around these parts eh stock?:eek:
     
    #19     Aug 12, 2009
  10. dtan1e

    dtan1e

    and a fibonacci number
     
    #20     Aug 12, 2009