I only trade ASX Equities using dynamic / IRESS data feed from Commsec.
I mostly trade Blue Chip Stocks that has adequate trading volume each day.
Would like your thoughts on how to identify the most suitable time frame to capture momentum change and confirm trend reversal during the day's trading session.
Also, when to use which time frame?
Not wanting information on longer time frames such as daily, weekly, etc. - but only in the minutes, ticker, hourly.
Which mins - 1, 2, 5, 15, 30 or 60?
If mins, would you use different mins timeframe for different times of the session that could reflect larger or lower volume turnover? If so, what criteria would this be?
If ticker (which represents trade on and not time based) - how and when should it be interpreted?
What combination of intraday timeframe work best?