Rahul, I generally trade a swing timeframe, meaning one to ten days holding period. An awful lot ends up being daytrade timeframe and a partial position stays on for the bigger move. Charts: 5/10 min for short term, 30/60 min for mid-term, and daily for long-term. If scalping, down to 1-min charts.
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3 comments:
Divx looks good, orderly pullback on decreasing volume. Today the volume shows up and price responds positively.
Do you have your trading method detailed somewhere? I am trying to find the timeframe you are trading.
Thanks,
Rahul
http://www.tradernirvana.com
Rahul, I generally trade a swing timeframe, meaning one to ten days holding period. An awful lot ends up being daytrade timeframe and a partial position stays on for the bigger move. Charts: 5/10 min for short term, 30/60 min for mid-term, and daily for long-term. If scalping, down to 1-min charts.
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