Personally, when trading H4 I'm watching D1 and W1 and considering only those pairs having on both D1 and W1 STO (8,3,3) on same side of 50% line (this define a strong trend), no matter what slope.
I'm entering in H4 only in the direction of D1/W1 trend.
I'm entering in H4 only in the direction of D1/W1 trend.
DislikedCould someone explain me in more detail how to look at the charts at the higher timeframe that we are trading. What I mean is, if Im trading hte 4H then what do I have to watch for at the Daily?
I'm having problems figuring out when to enter a trade. Lets say I have a sell signal at 4H and I swith to daily where I see it trending up, then I swith to 1H and I see the downside movement is coming to an end. Do I still take the 4H sell signal?
I'm getting kinda confused with those timeframes.
Thanks in advance !Ignored