Disliked{quote} Say for example , take 30 minute chart as smaller TF, and Daily chart as Larger TF, I attached EU Daily chart which show Stoch going up leaving OS area.. In smaller TF, for 30 minutes, Stoch is heading down.... Question: If we traade using 30m chart, we will refer to Daily...and we will wait for Stoch to head up as we should not trade against Longer TF (Which is Daily in this example...)? {image} {image}Ignored
I would pick two or three time frames from the following options:
15 min, 60 min, 240 min, daily, weekly, or monthly. (never pick time frames that differ greatly from one another like you did, it is a lot harder to interpret any prices action and correlation for that matter). Notice these time frames divide almost equally into one another that is statistically important in my opinion if you have a multi chart strategy.