U use also a Daily chart to wait for the dips, its a more patient way of trading but if u have stockcharts.com just save these charts there and wait for the confirmations. Now if you want to fine tune your entries even better there is nothing wrong with zooming in on a 5 minute chart or 10 minute chart to try and time your entries even better. U dont have to do this but it does help
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.