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Old 06-16-2007, 11:33 AM
tony1d tony1d is offline
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Re: Market Profile for YM

I daytrade and use 133t charts for the YM mainly and 55t charts for entrys. Candle patterns become more unreliable as you go to shorter and shorter timeframes. i only enter trades when the 55t chart is printing a candle in the direction of my trade. I'll get my setups on the 133t and confirm using 13min and 60min charts to see whats going on in the longer term. I try to trade in the direction of the dominent trend based on the longer timeframes. Most of my losing trades are countertrend trades.

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