Posted by DigiNomad on 21st of Jun 2022 at 05:42 pm
Definitely depends on your trading style. My plan calls for
entering longs when 15 min chart is oversold and short when it's
overbought...but that's assuming I'm also positioned relatively
well on the 2 hour times frame. I trade about 75% option
spreads...closer to 95% these days...so it gives me more wiggle
room. Still, you don't want to put on a long biased spread trade
intended to last 3 weeks if the 2 hour chart is overbought and/or
their is significant divergence. If I was constructing spreads with
LEAPS, I would change the time frames I use to trigger.
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Definitely depends on your trading
What timeframe charts for ES are you folks finding most ...
Posted by DigiNomad on 21st of Jun 2022 at 05:42 pm
Definitely depends on your trading style. My plan calls for entering longs when 15 min chart is oversold and short when it's overbought...but that's assuming I'm also positioned relatively well on the 2 hour times frame. I trade about 75% option spreads...closer to 95% these days...so it gives me more wiggle room. Still, you don't want to put on a long biased spread trade intended to last 3 weeks if the 2 hour chart is overbought and/or their is significant divergence. If I was constructing spreads with LEAPS, I would change the time frames I use to trigger.