Time frames and charts

NexusFi · 2012-02-22T19:49:59-05:00

Does anybody know a way to find the ideal time frame for a specific instrument? Some symbols are better traded at 1 minute charts, others at 610ticks and so on.... is there any formula to find the best time/chart type/set-up?? I have heard that there is an algorithm that can determine which would be the ideal set-up-......any opinions?? I disagree with this. And this is coming from someone who used to trade all kinds of tick charts, range charts, volume charts, and basically NO minute charts. Now I exclusively …

Discussion in Traders Hideout

Updated February 23, 2012

Time frames and charts

February 22nd, 2012, 07:49 PM

#11 (permalink)

Big Mike

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jsd45

I have been discretionary trading usually es,cl, and some fx. For the most part I use a 5 minute chart. I am trader just out of college, I spoke with a more veteran trader who has had success both in outcry and electronically who uses 15 minutes. Is that to long of a time range? Should I shorten down my range? Any help would be truly appreciated.

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