Thursday, October 1, 2009

Summary



Summary
  1. You have to decide what the correct time is for YOU.
  2. Once you've preferred time frame, go up to the next higher time frame to make a strategic decision.
  3. Make a habit to look at multiple time frame when trading.
  4. Choose a set of time frames that you are going to watch (15min, 4hr, Daily preferred).
  5. Don't look too many time frames.
  6. Stick to 2 or 3 time frames.
  7. Use a long-term chart to find the trend.
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