YOU ONLY NEED 3 TIMEFRAME TO BE PROFITABLE !!!
most of the time people on the internet bombard us with so many information when it comes to trading. like use this use that you have to use 5 or 6 timeframes, but in fact using this much could make you even more confused . so in this post I will share the easiest way for you you can to capitalize on timeframe analysis.
THE HIGHER TIMEFRAME - for bias which tells us in what way the price is going.
( up, down, range)
THE MIDDLE TIMEFRAME - to identify our zone for example if your trading system uses FVG you can locate your zone their. i personally use supply and demand so at this time i zone out my i will draw my supply or demand.
THE LOW TIMEFRAME - in this stage use it for entry confirmation.
this multi timeframe analysis can work on every time which means you can scalp , day trade or swing trade .
for example you can use
1 HOUR FOR BIAS
15 MIN ZONE IDENTIFICATION
5 CONFIRMATION
thanks for taking your time and read this post.
tell us your thought in the comment.
THE HIGHER TIMEFRAME - for bias which tells us in what way the price is going.
( up, down, range)
THE MIDDLE TIMEFRAME - to identify our zone for example if your trading system uses FVG you can locate your zone their. i personally use supply and demand so at this time i zone out my i will draw my supply or demand.
THE LOW TIMEFRAME - in this stage use it for entry confirmation.
this multi timeframe analysis can work on every time which means you can scalp , day trade or swing trade .
for example you can use
1 HOUR FOR BIAS
15 MIN ZONE IDENTIFICATION
5 CONFIRMATION
thanks for taking your time and read this post.
tell us your thought in the comment.
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