lowtrade

[lowtrade]

Sorry I missed your question.

I don't use minute charts, event when day trading. Which isn't often and only at the OTC. (Never day trade big boards personally)

When day trading, I look at bid/ask stacks mainly. And judge entry/exit, depending on those stacks, at historical reversal points for times of day patterns.

Explaining that would take too long and involves years of experience and daily factors. But in general, OTC stocks don't follow charts well. Especially on a hot day. And a hot day is the only day, one should day trade at all.

So OTC day TA & charts (IMO) don't help a day trade much. But rush hour, pre lunch, lunch, post lunch and close direction has meaning. And when you find the right combination of ask build or bid build, along with time of day. You can do pretty well with your entries and exits.