finicky friday, page-105

Spider, I only trade stocks, but well done on your plan.

Time frames: I use the one-minute chart to tell me where the "longer" time frame moving averages are: the 50 and 150. These often provide distinct support/resistance throughout the day.

But I do not trade the one-minute. One minute stochastics need only a couple of cents to go from overbought to oversold.

I prefer the 5 minute stochs, but keep an eye on the 15 and 30. If those two are falling, hold off buying until they get to oversold.