Note
this was my mistake: coming from a higher time frame knowledge to predict lower frame chart. simply wrong even if it went right.- this min-charts universe is so big "gigantic" when one digs into it. thus one has to disregard higher frame charts and make a forecast that reflect the big universe he is in. what looks like a small move on the daily chart for us. here- on the min-chart- it is very "huge" and big move.
- on the daily charts, for example audcad, every time u open the chart u get more knowledge about it; but if u open its 15min chart, then say every hour u get a completely different landscape, and u have to do a complete analysis from scratch(so u don't have a knowledge build up here about the instrument); so every time u open the chart ..it is like a completely new and different instrument.(here : i understand why big banks may have one person who trade only one instrument, because u can be absorbed by it.)
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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.