Hi,
Im wonder, do you use multi time frame to spot trend change, or you use only one TF? For example, if your way to spot trend change is with MA 200, on the TF that you get trend direction you must wait long period of time to know is this is change of trend or just deep corection. But on TF that you get a decision and entry point, the price is already past the MA but on the bigger picture you are still in past direction... So it seems if you wait price to past MA on the TF that you get decision for trend direction you lost a lot of move... but on other side, if you get the pictures from smaller TF you risk to trade against the main trend...
any solution of this problem? I thinking to trade only one TF not MTF but im not sure... is there someone who trade not MTF?
Thank you.
Im wonder, do you use multi time frame to spot trend change, or you use only one TF? For example, if your way to spot trend change is with MA 200, on the TF that you get trend direction you must wait long period of time to know is this is change of trend or just deep corection. But on TF that you get a decision and entry point, the price is already past the MA but on the bigger picture you are still in past direction... So it seems if you wait price to past MA on the TF that you get decision for trend direction you lost a lot of move... but on other side, if you get the pictures from smaller TF you risk to trade against the main trend...
any solution of this problem? I thinking to trade only one TF not MTF but im not sure... is there someone who trade not MTF?
Thank you.