Hello. I am trying to put together a strategy to day trade using different time frames.
Any information or direction on how to use different time frames in day trading would be most welcome.
Hello. I am trying to put together a strategy to day trade using different time frames.
Any information or direction on how to use different time frames in day trading would be most welcome.
A very simple way of trading different time frames is to wait for the trend to line up in each time frame. 'trends within trends'. How you define a trend is the hard part and one i'll leave up to you.
Also look for converging points of support and resistance throughout different timeframes.