Using Multiple Time Frames
I love multiple time frames. I feel like if you are patient enough that using multiple time frames really can give you a sort of edge. I watch the 1,5,15m, 1h, and daily regularly. And beyond that I'll check the weekly from time to time. I mostly use levels off of the daily and hourly but entries and exits come from lower time frames. I was just making a trade today and I wasn't thinking about this at the time (this - being the using of multiple time frames) and got in based on one time frame even though (i wasn't paying attention at the time) the lower time frame wasn't giving the go ahead yet. I was fading and eventually the lower time frame did give the signal but I was already in a lot. If I had waiting for the lower time frame signal, then my entry price would have been much better and I would have be more likely to hold on for more profits. Anyway, the point is that getting signals on multiple time frames can lead to some good plays. Cheers
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