Tim Bourquin: Hello everybody and welcome back to TraderInterviews.com. Thanks for joining me for another episode. Today, we're going to be speaking with Tim, he's a trader, Tim Racette and we're going to talk to him about his trading philosophy and his overall approach to the markets and how he finds good opportunities each day to trade. So, Tim, thanks very much for joining me on the phone today.

Tim Racette: Thanks for having me, Tim.

Tim Bourquin: All right. So first of all, what type of trader are you and what markets do you trade, are you a day trader or a swing trader, and what do you trade?

Tim Racette: Primarily, focused on the ES and the Euro, so that's the E-mini S&P and the Euro Futures and that's on a daily timeframe so primarily day trading.

Tim Bourquin: All right. So you're mostly out by the end of the day flat?

Tim Racette: Correct.

Tim Bourquin: Okay. What do you like to put on a chart? What are your kind of garden variety chart timeframe that you're watching?

Tim Racette: Primarily a 15-minute chart and before I said daily, I meant intraday. I use a 15-minute chart and I also use a 512-tick chart.

Tim Bourquin: What about the 512-tick chart works for you?

Tim Racette: I actually really like the 512-tick chart using the Heikin Ashi candlestick study. I've found that it becomes very easy to determine the trend and the trend changes. So, I like to use the 15-minute candle chart to find a larger timeframe in the larger trend. When I zoom in to a 512, I like to go to the Heikin Ashi and I can really depict the trend changes.

Tim Bourquin: All right. And maybe we can get a chart to show us an example, but can you describe a Heikin Ashi candlestick pattern and how that works?...

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