Markets and Timeframes

Posted In Trading Articles | 9 comments

Markets and Timeframes

Listed below are the various markets we currently chart and the associated timeframes.  Keep in mind that market conditions may result in a change of timeframes.

Note that in each market charted we use a minute chart as well as either a tick or volume chart.  Minute charts reflect candlestick patterns better than tick or volume charts and it is important to be able to check a 15 minute or a 60 minute chart during the trading session.

Depending on your workspace we recommend using just one minute chart that can be toggled to view other timeframes.  I personally have my minute chart setup so I can use my numeric keypad to quickly view a 2/3/5/9/15/30/60 and 203 minute chart.   For the index markets I use primarily the 5 and 15 minute charts and will also look at the 60 minute chart and 203 minute chart during the trading session to keep an eye on the larger timeframe.

For crude, gold, and beans  I will use combinations of 3/9 and 5/15/60 minute charts.  For the two treasury markets I like the 15/60 minute charts.  For the grains I prefer the 5/15 minute charts.

ES

1600/4800/14400/43200/129600 volume charts

ER

56/167/500/1500/4500/13500 volume charts

or

100/300/900/2700 tick charts

or

200/600/1800/5400  tick charts

Crude Oil

60/175/525/1575/4725 tick charts

or

300/900/2700 tick charts

Gold

300/900/2700 volume charts

or

50/150/450/1350 tick charts

Euro

167/500/1500/4500/13500 volume charts

or

120/360/1080/3240 tick charts

NQ and YM

300/900/2700 tick charts

Canada

200/600/1800/5400 tick charts

YM

150/450/1350 tick charts

or

300/900/2700 tick charts

30 yr Bonds

1500/4500/13500 volume charts

or

328/984/2950 tick charts

10 yr Notes

100/300/900 tick charts

or

150/450/1350 tick charts

Yen

66/200/600/1800 tick charts

Canada

66/200/600/1800 tick charts

Soybeans

35/105/315/945 tick charts

Wheat

167/500/1500 volume charts

Eurostoxx 50

300/900/2700 tick charts

or

1500/4500/13500 volume charts

Bund

Same as eurostoxx 50

DAX

Same as eurostoxx 50

Leave A Reply (9 comments So Far)

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  1. Nigel
    12 years ago

    Thanks for the info, Rick…
    but how on earth do you trade ALL those markets together?
    And if not then what filter criteria do you use?

    Regards


    • Rick
      12 years ago

      Nigel,

      Good question. i don’t trade more than two markets at a time. I do chart a number of markets to look for opportunities but I am primarily trading the ER, ES, euro, crude. Periodically I trade the YM, NQ, bonds, and notes. The others infrequently.

      Rick


  2. admin
    12 years ago

    Are you daytrading? Position trading? My preference is to look at various timeframes to find a quality setup and to have a higher timeframe to confirm the setup. If you are trading minute charts I would look at a 5 min/15 min/60 min at a minimum. Keep in mind that the markets are dynamic which means they are always changing. Some days you will see quality setups on the 5 min chart. other days you will need to look at another timeframe that ‘fits’ the action. If the market is moving with velocity you will need to look at a smaller timeframe such as a 2 min or even 1 minute chart.
    Hope this helps!

    Rick


  3. Maharshi
    12 years ago

    Thanks Rick, those are the time frames im looking at.


    • admin
      12 years ago

      you are very welcome!


  4. Donald
    12 years ago

    Hi.

    Do you have the custom indicators for mt4 use..

    Thanks.

    Donald


    • admin
      12 years ago

      Donald, Not at this time. I am looking for a coder to do the indicator package for MT4.

      Thanks

      Rick


  5. Christian F
    12 years ago

    Hi Trader Rick,

    When you choose volume or tick charts, do you use the ATR indicator to help you come up with a good number tick or volume bar?


    • Christian F
      12 years ago

      Sorry Trader Rick,

      I just read more closely what you have above.