Why technical analysis is less effective intraday

Discussion in 'Technical Analysis' started by crgarcia, Feb 1, 2008.

  1. High volatility trading conditions...

    I prefer the smaller time frames because there's less noise.

    Low volatility trading conditions...

    I prefer the higher time frames because there's too much noise o the lower time frames.

    For the record, my method performs much better in high volatility or rising volatility trading conditions.

    Thus, I tend to either increase my position size or hold trades longer for bigger profits beyond my profit target...

    Sometimes I'll do both.

    Mark
     
    #31     Feb 5, 2008
  2. reddweb

    reddweb

    Hi Mark

    What do you use to calculate daily volatility. I would imagine you calculate or estimate before market open ? do you use tick or bars-sizes or volume-spikes ? thx.
     
    #32     Feb 25, 2008