Comments on: How to Pick a Time Interval For Your Charts http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html Freshly squeezed market commentary & analysis Sun, 22 Nov 2009 00:33:09 +0000 http://wordpress.org/?v=2.0.2 by: William http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-35495 Wed, 12 Nov 2008 03:48:26 +0000 http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-35495 Thanks Babak. Yes, I meant online. I'll check out those references. Thanks Babak. Yes, I meant online. I’ll check out those references.

]]> by: Babak http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-35493 Wed, 12 Nov 2008 02:18:47 +0000 http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-35493 Any charting package worth its salt would have it but I think you're asking for online data. There are a few, for example, prophet.net, bigcharts and marketwatch Any charting package worth its salt would have it but I think you’re asking for online data. There are a few, for example, prophet.net, bigcharts and marketwatch

]]> by: William http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-35489 Tue, 11 Nov 2008 22:15:04 +0000 http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-35489 Are there any sites where minute (my-noot) time-frames are freely accessible? Or only in subscription services? My teacher/mentor in class every morning uses a 15m chart with bollinger band and slow stochastic indicators, to catch best price entries at the bottom. in day and occasionally overnight trades. But, monitoring daily and weekly charts at the same time. This scenario speaks to the importance of a 22-24" wide-angle monitor, or multiple monitors, if pinpoint entries are critical to one' strategy. Are there any sites where minute (my-noot) time-frames are freely accessible? Or only in subscription services?

My teacher/mentor in class every morning uses a 15m chart with bollinger band and slow stochastic indicators, to catch best price entries at the bottom. in day and occasionally overnight trades. But, monitoring daily and weekly charts at the same time. This scenario speaks to the importance of a 22-24″ wide-angle monitor, or multiple monitors, if pinpoint entries are critical to one’ strategy.

]]> by: gauraang http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-18891 Sat, 06 Oct 2007 00:35:22 +0000 http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-18891 The time frame on the chart is dependent upon the amount of time you are going to hold on to the stock and the risk appetite that you have. I would suggest a 30 min chart is most ideal for intraday,or at the maximum one or two days. It is also very helpful in looking for one complete Eliott wave pattern as this covers the entire up and down move for one wave pattern. The end of the day charts are for even longer time frames and so on. So if you are an investor who would like to have a longer time horizon then an end of the day chart would be ideal, and if you are an intraday trader then a 30 minute or 60 minute chart would be ideal. I would still like to go with the 30 minute chart for intraday trades. The time frame on the chart is dependent upon the amount of time you are going to hold on to the stock and the risk appetite that you have. I would suggest a 30 min chart is most ideal for intraday,or at the maximum one or two days. It is also very helpful in looking for one complete Eliott wave pattern as this covers the entire up and down move for one wave pattern. The end of the day charts are for even longer time frames and so on. So if you are an investor who would like to have a longer time horizon then an end of the day chart would be ideal, and if you are an intraday trader then a 30 minute or 60 minute chart would be ideal. I would still like to go with the 30 minute chart for intraday trades.

]]> by: Yahoo - YHOO at Trader’s Narrative http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-1109 Mon, 25 Sep 2006 02:12:03 +0000 http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-1109 [...] I’ve talked about this before so I won’t rehash it. When you’re met with unusual and fast market conditions you have to either step aside or adapt by drilling down to a smaller time frame to watch for potential entries. [...] […] I’ve talked about this before so I won’t rehash it. When you’re met with unusual and fast market conditions you have to either step aside or adapt by drilling down to a smaller time frame to watch for potential entries. […]

]]> by: nodoodahs http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-496 Tue, 04 Jul 2006 23:11:54 +0000 http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-496 I used <a href="http://stockcharts.com/h-sc/ui?s=GM&#38;p=1&#38;st=2006-06-30&#38;en=2006-06-30&#38;id=p62596512491">stockcharts.com and a 1-minute interval chart</a>. Hopefully this link will come through OK. Every minute except one in the first ten has upticks, as evidenced by the wicks and the presence of empty candles. One candle is filled with no wicks and possibly means there were no upticks in that minute ... but every other minute candle shows upticks. I used stockcharts.com and a 1-minute interval chart. Hopefully this link will come through OK. Every minute except one in the first ten has upticks, as evidenced by the wicks and the presence of empty candles. One candle is filled with no wicks and possibly means there were no upticks in that minute … but every other minute candle shows upticks.

]]> by: Babak http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-475 Mon, 03 Jul 2006 21:07:41 +0000 http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-475 nodoodahs: I'm not sure if we're looking at the same charts. On my chart, GM fell from $30.50 to $30 within the first 5 minutes. Then the next 5 minutes took it down to $29.80 - with no pause. re RSI, I don't use any indicators but I agree w/you comment on gap ups :) Miranda: thanks, I'm glad you found it helpful :) liberatorium: thanks for the kind words. I use Qcharts nodoodahs: I’m not sure if we’re looking at the same charts. On my chart, GM fell from $30.50 to $30 within the first 5 minutes. Then the next 5 minutes took it down to $29.80 - with no pause. re RSI, I don’t use any indicators but I agree w/you comment on gap ups :)

Miranda: thanks, I’m glad you found it helpful :)

liberatorium: thanks for the kind words. I use Qcharts

]]> by: liberatorium http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-460 Sun, 02 Jul 2006 13:36:33 +0000 http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-460 very informative, may I ask what software you use for premarket charting? Looks like it is set for filling the gap down there. very informative, may I ask what software
you use for premarket charting?

Looks like it is set for filling the gap down there.

]]> by: Miranda C http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-448 Sun, 02 Jul 2006 00:37:34 +0000 http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-448 wow! thanks for sharing I learned so much from this wow! thanks for sharing I learned so much from this

]]> by: nodoodahs http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-445 Sat, 01 Jul 2006 13:23:52 +0000 http://www.tradersnarrative.com/how-to-pick-a-time-interval-for-your-charts-431.html#comment-445 Actually there were several upticks within 10 minutes of the open, all between 30.20 and 30.40, as well as between 29.80 and 30, and between 20.20 and 20.70, all in the first 1/2 hour of trading. Average RSI was above 85 on a minute chart for the first 15 minutes or so. I think it was a bearish day overall for GM. Anytime the open is the high, with a gap up and 4x normal volume, you can just feel all those trapped shareholders looking for any point near $30 to sell! sell! sell! Actually there were several upticks within 10 minutes of the open, all between 30.20 and 30.40, as well as between 29.80 and 30, and between 20.20 and 20.70, all in the first 1/2 hour of trading. Average RSI was above 85 on a minute chart for the first 15 minutes or so.

I think it was a bearish day overall for GM. Anytime the open is the high, with a gap up and 4x normal volume, you can just feel all those trapped shareholders looking for any point near $30 to sell! sell! sell!

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