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The advantage of VBCs and candlesticks is you bring volume into the equation. There are definitely pros and cons like brownsfan said, and you really do have to find your niche with them. Ultimately I have gone through plenty of time frames, and I consistently see the clear candlestick setups on the 15, then broken down into the 5 and 3. |
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I agree 100%.
I really like the 15 minute by itself for daytrading. Keeps the amount of trades reasonable and able to go for larger profits.