Good question
theres a lot of humbug talked about Timeframes
Remember that Timeframes are merely Frameworks and dressings that
TRADERS / BROKERS have placed on the market to make it easier for us all to view and draw nice lines and add ma's on our Charts
the Market has no comprehension at all of this and doesnt care a fig if you are on a 5min or weekly chart - the only price is right here right now :smart:
so I will just trade it as I see it......sure "higher" TF's / trends are important ......but if I can target x pips on a lower TF retrace I will........
its hypothetically as probable as a trade with the Trend***
N
(*****ooooo NVP - thats a bold statement !)