Intraday System / Strategy

[jsamdirect]

Anyone have any advise on intraday strategies? I am trying to determine the best chart times, trend indicators, and oscillators to use.

So far, I am testing the 1min, 5min, and 15min chart with Stochastic and CCI. I have tried the MA(SMA 24/120) and the Alligator(SMA w/ Default Settings) but get mixed results on the different charts.

[CharlieM]

Any way I recommend you to study at www.coltfx.com , all the necessary info you can find only here.

[CharlieM]

Any way I recommend you to study at www.coltfx.com , all the necessary info you can find only here.

How can you just go to my post and completely change what I said without adding any reason why?
If I remember correctly I suggested to try looking at babypips.com, forexfactory.com as well fxclub.com.
I don't think I violated any rules so what gives?!?!?

[jsamdirect]

How can you just go to my post and completely change what I said without adding any reason why?
If I remember correctly I suggested to try looking at babypips.com, forexfactory.com as well fxclub.com.
I don't think I violated any rules so what gives?!?!?

You did add those sites to the post and they were very helpful... I have no idea why fxclub edited your response, again, it was very helpful! Seems like a shady way to promote coltfx to me!?!?!?! I hope I am wrong!

[pipwrangler]

I use the 4hr chart to determine the direction of the market. I trade any pair that shows good signals from my set of indicators. I have a hybrid style I use involving candle sticks, 2 EMA\'s MAO, and AO. Once I establish the direction of the market in the 4 hr I look for good entry singals in teh 1 hr if I do not see anything there I move down to tthe 30 min. and I keep searching int he fashion as low as the 5 min. Once I see a signal to enter, I make sure that it matches up to the direction of the 4 Hr and the time period just higher than the chart I am in as long as it follows the 4 hr also. I do not trade the 1 min it is too noisey and I don\'t like th get nervious for nothing.

[ginogerard]

Try design your own system and stick with it.
I dont use any extra indicators such as RSI and so one...
Just use the EMA50 and EMA 5.
Use a 5 min chart and open in direction of bigger chart as the 15 min or 1 h chart.
Dont take trades against the mayor trends in the higher charts .
As exit use a pivot point or fib level.

[ginogerard]

I also like to use fib levels combined with Pivot points.What i do is look for a retracement in ex.a 15 min chart, or 1 h chart.Draw the fib levels messurered from where the lowest or highest point was formed by my EMA 5 to the opposite side at the candle where trend realy changed and went other direction.usely a bit later followed by the crossover from the 5 EMA over the EMA.
Then put an entry order a 5 pips below or above the 100% level with as first target the 138% level and second the 161.80% level.When these levels are close to Pivot levels , use the firts reached as exit. U will see, no stress because u work with entry orders and knows exactly your entry and exit points and you are inning a 90% of the time.Stop loss at the 76% level.