Fannie Mae-No Politics (FNMA)

[rjanderson383]

sorry i don't have private messages. But I have only used it of recent but I don't think the indicators in intraday trading are of much help... i'm sure some would argue against that.

But candlestick patterns form right before you're eyes with real time. I find this important in identifying intraday reversals and patterns.

My thoughts are this... if you're going to trade back and forth during the day, then these intraday candlesticks are important.

If you are trading daily or weekly, I would pay attention to a longer time, such as days or hourly candlesticks.

If you are trying to trade on a daily basis while watching minute candlesticks.... you can make a very bad decision.

There is much more up and downs in just a single day.

also SOME indicators are intraday indicators when you put them in, so they will change when you change the timing of the charts. Experiment with that and you'll see which ones. example: RSI on a 2 minute candlestick chart might show oversold, while if on a daily chart it isn't. Hope this helps.