How To Trade Multiple Time Frames
-
Upload
netpickstrading -
Category
Internet
-
view
58 -
download
3
Transcript of How To Trade Multiple Time Frames
![Page 1: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/1.jpg)
![Page 2: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/2.jpg)
![Page 3: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/3.jpg)
![Page 4: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/4.jpg)
Applies to trading as well
![Page 5: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/5.jpg)
Multiple Time Frames=
Bigger Picture
![Page 6: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/6.jpg)
Dr. Alexander Elder
![Page 7: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/7.jpg)
Our setup chart
![Page 8: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/8.jpg)
http://www.netpicks.com/drawing-trend-lines/
![Page 9: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/9.jpg)
![Page 10: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/10.jpg)
Context
![Page 11: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/11.jpg)
What we don't know is where we find ourselves in terms of the higher
time frame.
![Page 12: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/12.jpg)
In this case, we want to zoom out to the weekly
chart.
![Page 13: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/13.jpg)
![Page 14: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/14.jpg)
Weekly demand line much lower
![Page 15: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/15.jpg)
Downside resumptionWeekly chart down
Room to run
![Page 16: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/16.jpg)
Protective stop placement
![Page 17: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/17.jpg)
4 hour chart
Lower than that can lead to a lot of “random” action
![Page 18: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/18.jpg)
Pivot
![Page 19: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/19.jpg)
Legitimate test
![Page 20: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/20.jpg)
Failure test
![Page 21: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/21.jpg)
Breakouts can be an entry in the context of higher time frame pattern
![Page 22: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/22.jpg)
Can you make a case for the trade?YES
![Page 23: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/23.jpg)
![Page 24: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/24.jpg)
Conservative entry
![Page 25: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/25.jpg)
Setup chartTrend plus structure
Trade entry
![Page 26: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/26.jpg)
Merge into your current trading system/method
![Page 27: How To Trade Multiple Time Frames](https://reader035.fdocuments.us/reader035/viewer/2022062412/5886603d1a28ab26598b6cb5/html5/thumbnails/27.jpg)
www.netpicks.com