Bobby's homework assignment
12. 13. 22 Oil Looked like an easy trade On a daily Chart... but it got a little bit more difficult on an intraday chart, and the does a function of the time frame you're using when you trade. It's worth looking at the detail of a smaller time frame because Dynamics are clear, however it takes a lot more work, and you have to think much more quickly, and you have to spend a lot more screen time,But it is a good exercise because you can read the market well, and with more precision, but you may be prone to make different trade decisions. Generally I consider lower time frames a lot more work, and not necessarily better for your Trading in the long run, but they are a good way of practicing market dynamics and the relationship between buyers and sellers, as well as other aspects and the way we use our tools.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.