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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (4528)5/30/1999 11:00:00 PM
From: TATRADER  Read Replies (1) of 4969
 
steve, would like to ask one of your traders who uses real time technical indicators a few questions.......I am very familiar with all technical indicators using end of day information..But am trying to plug in proper settings real-time when using 1-15 minute bar charts...
Example of what I am looking for...

Trader: When one has a fast moving momomentum stock, I like to use the slow stochastic 1 minute, using 3 periods to judge potential reversal points...

Trader: I like to trade Slim Jims...You usually see the tight consolidation pattern extending 8 to 10 bars on a 5 minute bar chart, 12-16 bars on a three minute bar chart...Look for stock trading on offer side, with price and volume increasing on time and sales, and action with the AX on the inside bid or ask...

Any help appreciated, I continue to learn, and can only improve if I talk to the best..(that is if those guys will talk to me)
I know you have the connections, question is, will they help the little guy.....
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