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
Every time I try to experiment with the 5M charts, I get my ass chewed. I stay away from it.
Hmm.. sounds painful, think I'll stay away in case of chewing
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.
Originally Posted by
By Ideasmiths in forum Beginner Questions
Last Post: 01-13-2014, 09:50 AM
By Lew Rockwell in forum Beginner Questions
Last Post: 06-26-2012, 02:30 AM
By allalongthewatchtower in forum Beginner Questions
Last Post: 05-27-2011, 02:27 PM
By hendrix in forum Trading Discussion
Last Post: 02-25-2009, 01:38 PM
By stucros in forum Trading Discussion
Last Post: 06-14-2007, 11:33 PM
"First say to yourself what you would be; and then do what you have to do."