Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: a case for the one minute chart...

or do I need confirmation from multiple time frames?

I had to stop and think about that one for a little.

My answer is no...

If you're watching the 1 minute with intent to trade it but you're also waiting on the 3 or 15 to confirm...you might as well just play the 3 or 15. Otherwise you defeat the purpose of watching the 1. The reason for playing the 1 should be get in closer to the point of "wrong" ie. to limit your risk to as much as possible and the way you do that is get in as close to whatever it is that clues you off to take the trade ie...double top in the zone etc.

Here might be an interesting thought, can I trade the 3, 15 trigger after I'm in at the 1. In other words...take the trade when the 1 says so...then when the three triggers...take that one, too...same for the 15. A form of pyramiding.