What is your primary daytrading chart time frame?

Discussion in 'Trading' started by mmm, Feb 22, 2004.

  1. Me too, I trade only with a tick chart. Same for most professionals that I trained with.
     
    #11     Feb 23, 2004
  2. ertrader1

    ertrader1 Guest

    Plus 120 min, Daily, weekly. Right?

    I guess you take very few trades a day"

    Well to put it in context for you, METOXX does not have to trade, he sits back and counts as money flys in...so sorry to bust your buble, he is on the end that we should all be on......METOXX is the HOUSE......
     
    #12     Feb 23, 2004
  3. How i am supposed to know he is that good, when we have
    many active posters who are still losing or not making any serious money

    Another reason METOXX doesn't have anything is his profile.
    Guys like WDGann pretend to be bigger than bank, but never
    realy contribute to this forum.
     
    #13     Feb 23, 2004
  4. Right, but still you are using above time frames as different
    names. For example most times 133 tick chart= 1min time frame
    333tick chart= 2-3 min chart.

    Don't tell me that you timeframe is always less than 133
    tick chart
     
    #14     Feb 24, 2004
  5. saico

    saico

    Stocks: 1min, 3min

    Futures: 220 tick, 550 tick, 3 min
     
    #15     Feb 24, 2004
  6. Do you optimize your tick charts on daily basis,
    or you use same tick charts everyday?

    I belive Tick charts are like Moving averages that
    has to be optimized, because on differnet days
    220 tick charts can be equal to 1min, 2min or ...
    depand on days activity.

    But i guess with time charts you won't have these
    problems. Please correct me if i am wrong?
     
    #16     Feb 24, 2004
  7. Interesting no tick charts in the poll.

    They provide a very good feel for market velocity and filter out quite a bit of "noise."

    Note: tick charts intervals depend heavily on the instrument being traded and the overall volume.
     
    #17     Feb 24, 2004
  8. If you believe this, stop worrying about 1min through 120min charts. Simply learn how to hire the right girls & guys to do it for you. This will put you squarely where you believe you "should be".

    :cool:
     
    #18     Feb 24, 2004
  9. Good thing we have that 6-min chart choice or we wouldn't have
    that zero to look at... I think we should put up a 7-min choice too... :p
     
    #19     Feb 24, 2004
  10. saico

    saico

    No, I currently do not optimize my Tick charts and use the same tick count every day, Nana. Nevertheless, you might be not wrong! Planned to do this several times, but did not accomplished it yet.:mad: Forgot to say, I use different tick counts for different Futures! E.g. for ES higher count, lower counts for the slower ones.

    Saico
     
    #20     Feb 24, 2004