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24hr, 120hr and 480hr

  • #1
  • First Post: Jul 6, 2006 2:41pm Jul 6, 2006 2:41pm
Is anyone trading on a 24hr, 120hr and 480hr method? I found a post by Naysayertrader and it looks very interesting. I cannot find anything else on this system.

http://www.forexfactory.com/forexfor...ead.php?t=4625

rsmit
  • #2
  • Jul 6, 2006 4:42pm Jul 6, 2006 4:42pm
Quoting rsmit
Is anyone trading on a 24hr, 120hr and 480hr method? I found a post by Naysayertrader and it looks very interesting. I cannot find anything else on this system.

http://www.forexfactory.com/forexfor...ead.php?t=4625

rsmit
Position traders, maybe swing traders and large institutions with big pockets usually trade those timeframes.
Peace
  • #3
  • Jul 6, 2006 11:06pm Jul 6, 2006 11:06pm
I'm curious, is this a system? Or do they use various systems in these time frames? Why do they trade on this specific time frames?


rsmit
  • #4
  • Last Post: Jul 7, 2006 1:28am Jul 7, 2006 1:28am
I am not familier with this particular system - but the hours translate to Daily, Weekly (5 day) and Monthly (20 day) trading cycles and the data is easy to gather for such times.
Quoting rsmit
I'm curious, is this a system? Or do they use various systems in these time frames? Why do they trade on this specific time frames?


rsmit
In trading, there is no bullshit. You either make money or you don't.
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