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Replies to post #49418 on ETF SWING & DAY TRADING

Replies to #49418 on ETF SWING & DAY TRADING
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sammy1024

09/22/08 3:11 PM

#49419 RE: Duma #49418

with stats like that, no point in using the 60 min charts. i just use the 60 min chart as a heads up, then i go back to my 30 min charts.

thanks
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Little Chico

09/22/08 5:13 PM

#49420 RE: Duma #49418

A good approach on this is to watch the 30" chart for a signal as to the direction of the market for the next few hours, generally the rest of the day. Then switch to the 5" chart for a more precise entry. That signal(short) came today at about 9:30 a.m., EST. and held through the day.

Chico