The 15 minute chart

Looks like the method was correct in timing the turning point, except for my interpretation of its direction.

 

I find it to be difficult to trade past 11 est.

 

Wow.....you see them rip those stops at 9 am..........


The more you trade, the more you realize that the market tells you when you're wrong, not your stop orders......

 

love the 15 minute during these slow periods prior to the fed announcement.....

 

So, how are you guys using the 15min? Just candle reading...supp/res type stuff?

 

candles are too complicated for me. i use bars....all the same color, for that matter.

h's/l's are all you need.

buy support and sell resistance.

it's all about how much i can lose, not about how much i can win.

 

Gotcha...so r u short 1065?

 

nope. long. follow bar by bar.

 

You went long below a ton of overhead resistance?

Good luck. I went short at 1065. I guess it depends on your timeframes/stops/targets.

 

Hrmm...why long? Just trying to understand...I saw resistance at 1065, clear as day as a short...it did hit it once and sold off 2pts...then hit it again. Why would u be long if you are trading supp/res?