Disliked@forexalien yep, especially for longer time frames. so, the question i will ask myself the next months. which will be my preferred TF and what extra's,eg micro/macro news for which TF do i need. smaller TF news is not necessary, larger TF i have to take those into account. perhaps also some other things. pff, new trading system i have alot to learn.Ignored
Month - near a bottom ready to go long............
Week - What ? it's at the top, no way the month can go long with the week up there, Rubber Band trade short, price will come down first, right?
Day - Nice the Day is up there also, more reason for the week to start its way down. Right?
H4 - What ? the H4 is at the bottom, now what? it must be ready to go long .............
H1 - LOOK ! The H1 is at the bottom with the H4, GREAT, price looks like it is ready to go long first!
And down the line you analyse all the way to the M1 , Which TF do you trade from ? you have the option on how big your account is, how much time you want to wait for profit, etc..............
The More You Learn, The More You Earn.....
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