Does anyone trade off of the 5 minute chart? - Page 3
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  1. #21
    I usually do day and swing trades but I can't deny that trading 5-minute charts can be profitable. Even the popular 3 Ducks Trading System originally uses the 5m chart

  2. #22
    Join Date
    Jan 2013
    Location
    Perth, Western Australia
    Posts
    739
    Every time I try to experiment with the 5M charts, I get my ass chewed. I stay away from it.

  3. #23
    Join Date
    Nov 2011
    Posts
    2,429
    Hmm.. sounds painful, think I'll stay away in case of chewing

  4. #24
    Join Date
    Feb 2012
    Location
    London
    Posts
    938
    Quote Originally Posted by PATR8der View Post
    means looking at the "details"
    Market microstructure is a field of studies market operation. So order flow is important to observe. Note if you are on the wrong side of the order flow the time frame won't matter. You can only get out or loose money.

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