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multiple timeframe

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multiple timeframe

One thing that I notice is that very important to watch multiple timframe so that you can confirm the direction on higher timeframe. I have seen many trades that the 1 or 5 mins timeframe  is going up but on the higher timeframe 15 minutes is a strong resistance or against the direction. It like driving in a wrong side of a freeway! so its really good to confirm on a bigger timeframe. just incase you still would like to take the trade atleast you are aware that u are driving on a wring way and can exit right away when needed!

Fri, 03/02/2018 - 12:20am