DislikedHi Rb, Would like to check with you when you are checking bigger tf with confirmation trend, what indicator are you looking at bigger tf? Hma, candle, ma, stoch, rsi, all of them pointing the same direction?Ignored
IDEALLY, I want all of them pointing the same direction on the next higher time frame, and if I can get them going the same direction on 3 higher time frames...it's even better. This happens to be the case with the EURAUD right now (see the chart below):
Notice there are 4 charts. The 4 Hr, the Daily, Weekly and Monthly.
NOTE: I don't REQUIRE that all 4 time frames be going in the same direction to make a trade (it's just IDEAL), sometimes I just require that the next higher time frame to be going in the same direction. For example: 4 Hr & Daily OR Daily and Weekly.
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