Tools of Day Trader
Charting Tools: 5-, 15- & 60-Min. Intra-day charts
displayed in Candlestick form.
Technical Tools: 20- & 200-period ‘simple’ moving
averages.
.Long positions are favored when prices are Above their 20-MA on
a 60-Min. chart. Entry points are found on 5- or 15-Min. charts.
Long positions are considered when prices are extended Below the
20-MA on a 60-Min. but Above their 20-MA on the 5-Min. chart.
Short positions are considered when prices are extended Above the
20-MA on a 60-Min. but Below their 20-MA on the 5-Min. chart.
Short positions are favored when prices are Below their 20-MA on
a 60-Min. chart. Entry points
Charting Tools: 5-, 15- & 60-Min. Intra-day charts
displayed in Candlestick form.
Technical Tools: 20- & 200-period ‘simple’ moving
averages.
.Long positions are favored when prices are Above their 20-MA on
a 60-Min. chart. Entry points are found on 5- or 15-Min. charts.
Long positions are considered when prices are extended Below the
20-MA on a 60-Min. but Above their 20-MA on the 5-Min. chart.
Short positions are considered when prices are extended Above the
20-MA on a 60-Min. but Below their 20-MA on the 5-Min. chart.
Short positions are favored when prices are Below their 20-MA on
a 60-Min. chart. Entry points
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