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Timeframe

Time frame analysisI've been asked a few questions regarding time frames so I thought I'd post this example of what works for me. Today we have EURGBP on D1 - I've marked out 3 zones in different colour. This is a Bearish Trend. You can then see the currency range for a period then there is a breakout on the 3rd attempt of the resistance level. Your idea would've been to buy the breakout in essence. But further analysis on a shorter time frame, I.e. H4, would've been required. Hope that makes sense for all that have messaged me.
by HardsFX
Market ClarityEURUSD - LONG If you take a step back and look at any currency pair on a greater timeframe you will have clarity on the overall market direction, and be able to identify key points of support/resistance based on historical price action, which logically are more respected as the volatility of the market is lesser. Once you have identified these areas, proceed into the smaller timeframes like the Daily & 240 minute charts and dissect them further. Start to create a trading plan that confluences with historical price action and be confident that you are entering a trade with overall market clarity and confidence because in longevity, you will not beat the trend.
Long
by HektorMorgan
COPPER Long Term Buying OpportunityThis trade technically constitutes as calling a bottom (which I don't particularly like to do), although I have a few good reasons why I'll be taking this long trade. First and foremost, Copper is currently tuning away from the bottom of it's long term curved downtrend channel. Secondly, last week's candle was a fairly large hammer. Thirdly, Squeeze momentum is as oversold as it's ever been. The final reason is that over time, Copper has consistently gone through fairly rigid periods of increase and decrease. These periods range from about 100-150 days. Copper is nearing the end of it's current period of decline. A combination of reasons I have listed above describe why I will be long in Copper until approximately January 2016. Leave your thoughts, comments and a like if this was helpful in any way to you. Happy Trading!
FX:COPPERLong
by IceTrading
5
EUR/USD BAT PATTERN "PLUS" SHORT OPPORTUNITYHi, guys. In this great trading opportunity I would like to share you my CTS. Hopefully this can give you a valuable insight and help you to add some more considerations to your trade plan. CTS : 1. Bat Pattern Completion (4 Pts) 2. ABCD Pattern Completion (2 Pts) 3. HT Resistance Zone (2 Pts) 4. 1.382 Fib Extension (1 Pts) 5. RSI Overbought (1 Pts) Total : 10 Pts That was enough for me to take the trade (above 6 Pts). I decided to Take Profit at 1.11731 right at struce, and put my SL above the HT Resitance Zone at 1.15126. What do you think guys? Feel free to show your interest and comment to share your thougts, really appreciate it.
Short
by zeusrtm
2
Oil needs one more wave down before bounce up (EW analysis)Oil is in wave C and seems completes the minor wave 3 and wave 4. It needs one more wave down to complete the C wave. From time cycle, it is still in the bearish cycle. And it is rejected from the previous channel. Based on EW theory if wave 3 is extensive wave, wave 5 will be nearly the same as wave 1 in price and time which means the price target is around 50.16 and time target is around July 15th or 16th which almost the same as time cycle (between July 16th and 17th). Try trading scientifically and mathematically instead emotionally!
FX:USOILShort
by zhipengcfel
12
RSI w/ Multi-Time Frame Ability. Plot A 2nd RSI Diff Time FrameAvailable Options on Inputs Tab!!! RSI with ability to change first RSI to a different Time Frame.(Defaults To Current Chart Time Frame). Ability To Turn On/Off Background Highlighting if First RSI is Above/Below 70 or 30 Lines. Ability To Turn On/Off Background Highlighting When First RSI Crosses Above 30 Or Below 70. Ability To Turn On/Off "B" Or "S" When First RSI Crosses Above 30 Or Below 70. Ability To Turn On/Off Mid-Line Plot. Option To Plot 2nd RSI to show different Time Frames on same chart!!! Ability To Use Different Look Back Period If You Plot 2nd RSI.
by ChrisMoody
14
Fun with Fibs.Building on an idea I had while working on my previous chart (), I have found what I'll describe as a ‘Mirrored Fibonacci Sequence’ (marked by the blue & orange zones) in the time scale of Bitcoin’s price discovery. I call it ‘mirrored’ because the fibs oscillate backwards, then forwards on each consequent bubble. The red & green zones are from observations made on a previous study (). They mark out a consistent pattern that can be observed across Bitcoin's entire price history. These red & green time frames are important as they synchronise closely with the mirrored time fibs (blue & orange). IT should be noted, the current green zone we are trading in ends on the 20th of August 2014, & if this theory holds up, should mark the very beginning of the next parabolic phase. I’ve left my longterm trend lines in for those who might want to speculate on what price these fib time frames might offer longterm. Albeit they are not my primary focus on this chart. Perhaps the most notable feature for me is how much larger the bubbles are when two 1.618 fib lines meet up (June 2011 & April 2013). Credit to munkeefonix for his excellent time corrected historic Mt Gox data: For those interested the long term support is strung between $0.07 on the 14th October 2010 & $13.50 on the 13th of January 2013. Update 19th August 2014 The current timefib we are now in is just on 3 days off completion. I originally calculated the 20th of August as the day price will reach base camp, using the daily chart. But after fine tuning the scales on the 2hr chart back from the the November 2013 ATH I've recalculated the 22nd of August 2014 as D-Day. That said, going back over previous bubbles the margin of error is as much as a week! So any time between now & end of August is good time to pitch the tents at base camp. I think the answer to the question of 'when' this market makes it's way to the next parabolic phase will boil down to two things: Whether a highly capitalised minority still believe Bitcoin has the potential to put in a new all time high. And whether that minority lie in wait, fearful that other highly capitalised individuals will take the first mover advantage from them. In my opinion we still have the time & price range for another leg down. That might even allow the price to put in a highly pivotal H&S reversal. Popcorn at the ready, I'm going to enjoy the show :)
BITSTAMP:BTCUSDLong
by UnknownUnicorn59736
25