1 Minute Chart Overview

Once we have spotted a reliable signal on the 15 minute chart it's important to really zoom in on the action.
To do that I switch to the 1 minute chart.

This may seem a little extreme and to many it's a recipe for a heart attack but really, once it's mastered, it's a very solid tool that will serve you very well

As you can see from the Chart I am still using the same indicators. Moving averages and MoneyFlowIndex (MFI)

This time the settings are slightly different, but the indicators are very similar to those on the 15 minute.

Don't worry I will strip both charts down and build them step by step for you later. This is just for you to get a feel for what is going on.
After a while, this will become second nature and that's where the fun will start.

The bold red and blue moving averages on this chart are the same red and blue as on the 15 minute chart. This is to be one of our main points of focus.
If red is above blue then we're looking to buy and red is below blue we are looking to sell.

As from the previous post we saw the red just cutting up above the blue meaning we're switching to the 1 minute chart for buying opportunities.
There's more to it than that and we need to look at the other indicators as well but you get the idea.
Let's assume everything is looking good, red cuts above blue...........change to 1 minute and get some more verification.

Once again all the moving averages on the 1 minute chart are stacked nicely we look at the MFI.
If the MFI is above the blue moving average it confirms there's more buyers than sellers and that there's a strong possibility that the price will go up as opposed to down in the short-term.

Right at the bottom there's a Commodity Channel Index or CCI.
This can be used as a trigger but to be honest I don't really use it very often. I will explain it however, as I break the chart's down into individual components.

Next I will explain briefly the green and red ladder on the left, referred to as a DOM, which shows us the Depth Of Market