Recent content by mrcartel

Thanx!...I day trade the NQ using 300, 900, 2700 tick charts. I focus more on the 900 tick chart to determine the trend and trade off the 300 for execution. I did read info on the internet about Elder's multi time frame and how your LT chart is the tide, the interm chart is the wave, and the...

Can anyone help me with understanding multiple timeframe analysis? I day the eminis and would like some guidance on what constitute as the long term trend and intermediate trend? I've read the hourly chart is the LT and 15 min is the short term.

Here is the link to the site I found. http://www.trading-naked.com/mb-9-30-setup.htm I was inquiring within this platform to gain insight from others.

I was reading about the 9ema/30wma strategy. Does anyone know what the stop loss should be once the trade has been executed?

Does anyone know where I can gather information on using the Bollinger Bands to daytrade?

Tenny45 what is your setting for the DMI? I've been playing around with it in my charts, but consider it a secondary indicator.

I agree that no "holy grail" exist. Losses come with the territory. Have you done any backtesting to eliminate the confusion?

Bnaimy, According to your rules you state to trade after 1:05 pm est. There was a selloff on yesterday around noon on the 9min chart. What does one do if we are to follow the rules to the T? Should I make a trade off a 2 min chart? Thanks for your insight

I am a newbie and I wanted to know does this work with all emini's? I am interested in the S&P. mel