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Chart for swing trade


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  #1 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
Posts: 596 since Nov 2009
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I like to try swing trade of ES,CL hold for a day or few days. Can someone suggest which time frame chart should I look at for entry and confirmation. Is it 30, 60min or daily chart?


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  #2 (permalink)
 
wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
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if you want to swing you can use
  1. 15 minute for entry
  2. 240 minute for short term
  3. 720 minute for med term
  4. 3600 minute (2.5 days) for long term

i use only heikin ashi for better trend view. nice swing.


Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
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  #3 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
Posts: 596 since Nov 2009
Thanks Given: 176
Thanks Received: 126


Thks WH. would you mind define # of days for short term, med and Long term. As diff people have diff period for swing trades.


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wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
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emini_Holy_Grail View Post
Thks WH. would you mind define # of days for short term, med and Long term. As diff people have diff period for swing trades.

i can not give an answer, it is individual. if you hold positions over night, weekend ...
if you go with the big boys, you will find an answer. you must define a target and must have only a good ratio ...


Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
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 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
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here an example what i mean


Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
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wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
Thanks Given: 298
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not the same, but is not all the same:

here is a good approach of a trader


Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
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  #7 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
Posts: 596 since Nov 2009
Thanks Given: 176
Thanks Received: 126

WH
thsk for posting all the 4 charts.


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Last Updated on January 3, 2010


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