Dislikedhi vantage and star, thanks for the reply , the main thing that i am feeling abit confused about the multi time frame chart is that i actually read that lets say if i am trading on a h1 chart as my signal chart to entry, the D chart can be use as my trend chart.
But can i actually trade via seeing a trend on the H1 chart itself? coz sometimes i can see a uptrend forming on H1 chart, hhhl, but day chart shows a overall downtrend
Do you guys trade according to the overall day trend or do you all take trend from the timeframe of the chart itself...Ignored
I see both Vantage and Star gave you some good answers already.
Maybe it will take some time to digest all that and put into realtime practice.
For more reading, I suggest you read Dr Alexander Elder book Trading for a Living. There is a section on Triple Screen Trading System. That is a concept and you can apply it here.
regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett