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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: GTinsdale who wrote (2086)	8/28/2000 11:23:10 PM
From: FLACK	Read Replies (1) \| Respond to of 100058

GTinsdale "FLACK - When you're looking at the MAs for sell signals, which timeframe are you looking at? The 15 min, the 30 min, the 60 min, or the daily?" I don't use 30 & 60 minute since these are too far removed from the action. I look at the daily first to find support levels and I set audio alarms on my quote list on WOW. I then draw horizontal lines on the 15 and 1 minute charts at those support levels as a visual reminder. I use the 15 min. chart to watch for patterns (rising triangles, whatever)and use the 1 min. chart to trade from. So, I'm looking first for support/resistance levels first, then watching the 15 min. chart for patterns, and finally the 1 min. chart with 3 ema for cross overs. Also must have confirmation from MACD and sometimes stochastics. Does that help?