Disliked{quote} Hi how are my question is when trading the daily tineframe how do we combine it with the monthly? Can we look for direction of the monthly candle APB and follow that direction whether its red or greenIgnored
Hi,
You read all my old posts, you will notice that I do not look at the APB and TDI on my Weekly and Monthly charts.
I use my Weekly and Monthly charts to do my Big Picture Planning BPP. You need to know if the market is trending or sideways when you want to trade the day charts.
You want to trade the Day chart, it is Position Trading and you must be prepared to hold your trades for many days, usually 2 to 4 weeks.
As an example, tell me which currency pair and I will show you how to do a proper BPP and be prepared for some position trading.
regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett