DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: OZ who wrote (4281)	9/21/1999 12:27:00 PM
From: fftrader	Read Replies (3) of 18137

OZ, How did you know that Clint Eastwood was a daytrader?? I've just got into candlesticks the past month or so (reading Nison's book)and it seems to me that the validity of the candlestick time frame,i.e.5min.,has a major correlation to the average volume during that time frame. On this thread most folks do not trade stocks with a av.vol.less than 100,000 a day. Well if you divide that by the 5 min candles you come up with an av. of 769 shares traded per 5 min. period. I don't think that is enough vol. to validate a 5 min. timeframe. Do you or anyone else reading this post( that have used candlesticks for awhile) have any imput regarding what vol.works best with specific candlestick time frames?? Go ahead make my day.........ff

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