You can go lower, but I choose not to. Choose your set of timeframes based on your type of trading. Your type of trading is based on your personality and lifestyle.
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#Educational || How to use multiple timeframes.
HIGH TIMEFRAME
Map out your external market structure and HTF points of interests. This is fundamental for your bias.
INTERMEDIATE TIMEFRAME
Map out internal market structure and additional points of interests. You can identify countertrends as well.
LOWER TIMEFRAME
Identify entry and exit points that are supported by bias.
Examples:
Monthly, Weekly, Daily
Weekly, Daily, 4hour
Daily, 4hour, 1hour
You can go lower, but I choose not to. Choose your set of timeframes based on your type of trading. Your type of trading is based on your personality and lifestyle.