Hi Trades,
Thanks for the comments .....
OK, here's the drift of what I have been trying to do lately. I think the problem of getting a chart off the portable to the other computer so I can post it has finally been solved
Reason, I will day trade, but can't sit and stare at the screen all day either.
And as you said, most indicators do not work that well on an Intraday chart.
I have posted a chart, ignore the exact horizontal line positioning, it is just a quick example.
Having picked a market to follow (another discussion/day) I will put up an intraday chart with trend lines started to mark a channel top and bottom that will extend to the right. As the market goes up/down over the day, I may add more lines. When a repetitive hi/lo pattern/cycle evolves I will move the lines (read support/resistance like). NOW, when the price bars start to approach/tag the pseudo S/R lines you can start to pay close/closer attention to the 4,20 ema curves. I would normally trade the bounces off the S/R lines or if a Breakout occurs, then go with it. Normally I will only trade a breakout of a channel if it is in the direction of the overall trend, which is not at all clear/visible on the chart that I am posting.
I know this is kind of brief, but I think you will get the idea and we can dig into this more later.
Thanks, Lee