Guide to Day Trading Strategies

R O S S C A M E R O N
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3 Chart Layout showing 5min, 1min, and Daily charts side by side.
My Chart Layout
When I am looking at a stock, I always have three charts that I am watching. The 1min, 5min, 
and daily charts. The 1min and 5min charts are zoomed in to show just today’s price action, but 
the daily chart will usually show the last 3-6 months depending on what I am looking for. On 
the daily chart, I will draw out my horizontal trend lines to mark out windows and triggers. On 
the 1min and 5min chart, I will draw support and resistance lines throughout the day. I 
À
nd the 
visual presence of the lines helps me make decisions about whether a trade is worth taking and 
how much room for pro
À
t it might have.
You will notice that my charts are very clean. I use a few of the most common technical indicators, 
but I try to keep it really simple.

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H O W T O D A Y T R A D E
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Chart of Moving Averages (Gray is 9 EMA, Blue is 20 
EMA, Red is 50 EMA, Purple is 200 EMA).

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R O S S C A M E R O N
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Image of standard Moving Average settings.
Moving Averages
Moving averages are one of the most important indicators I use as a day trader. They represent 
well respected levels of support and resistance for most stocks on both an intraday and a daily 
level. While using moving averages alone are not enough to be a pro
À
table trader, they are an 
important indicator on our charts because they show the direction of the trend. Stocks trading 
above their moving averages are considered in an uptrend while stocks below their moving 
averages are in a downtrend. Therefore, when price crosses a moving average there will be a lot 
of traders that take notice and adjust their positions.

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