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  #57579  
Old Mar 8, 2010 3:30pm
Bemac's Avatar
Monarch o' the Glen
 
Member Since Jan 2006
Default

Quote:
Originally Posted by sir6 View Post
With all this trend talk going on here lately. I was wondering what time frame you guys put more weight on when determining the trend. For example, if you were trading the hourly, would you just look at the trend just on the hourly and go from there, or would you jump to a higher time frame (4h, daily, etc..) and look at the trend from that angle?
Regardless of ALL else, I watch for The Daily Breaking The Monthly & Add to my convictions when The Weekly also breaks The Monthly. (we're talking Closes here )

All else, in my consideration, is treated as an Intraday Scalp in which I cannot (should not) apply my Standard Trade Management Rules OR a Trend Continuation Trade.

You've heard it a hundred times but it probably takes a thousand to sink in.
The Training Ground is located in the Higher Timeframe Charts.
If you are currently thinking...
"That's all fine for those Other guys but I want to get at it quickly..." STOP.

Skilled Tradesmen Smoke Pipes. (slow but deliberate)
Skilled Traders 'Totally' have a grip on Long Term...

For KISS & StoPro & anyone else that knows what I'm thinking about.
The Center Diagonals of the 3 ICCE I plotted are Parabolic. Something has to give but wait for PA indications.
Daily GBPCHF
Click image for larger version

Name:	daily mar 8 '10.gif
Views:	36
Size:	42.6 KB
ID:	434864
Under the Scope...
15Min GBPCHF
Click image for larger version

Name:	15min mar 8 '10 2.gif
Views:	30
Size:	29.4 KB
ID:	434865
__________________
I may not Always be right but I AM ALWAYS IN CHARGE. At least, of My Own Coin.

My Future Starts NOW.



Last edited by Bemac, Mar 8, 2010 3:46pm
Reply With Quote
  #57579  
Old Mar 8, 2010 3:30pm
Bemac's Avatar
Monarch o' the Glen
 
Member Since Jan 2006
Default

Quote:
Originally Posted by sir6 View Post
With all this trend talk going on here lately. I was wondering what time frame you guys put more weight on when determining the trend. For example, if you were trading the hourly, would you just look at the trend just on the hourly and go from there, or would you jump to a higher time frame (4h, daily, etc..) and look at the trend from that angle?
Regardless of ALL else, I watch for The Daily Breaking The Monthly & Add to my convictions when The Weekly also breaks The Monthly. (we're talking Closes here )

All else, in my consideration, is treated as an Intraday Scalp in which I cannot (should not) apply my Standard Trade Management Rules OR a Trend Continuation Trade.

You've heard it a hundred times but it probably takes a thousand to sink in.
The Training Ground is located in the Higher Timeframe Charts.
If you are currently thinking...
"That's all fine for those Other guys but I want to get at it quickly..." STOP.

Skilled Tradesmen Smoke Pipes. (slow but deliberate)
Skilled Traders 'Totally' have a grip on Long Term...

For KISS & StoPro & anyone else that knows what I'm thinking about.
The Center Diagonals of the 3 ICCE I plotted are Parabolic. Something has to give but wait for PA indications.
Daily GBPCHF
Click image for larger version

Name:	daily mar 8 '10.gif
Views:	36
Size:	42.6 KB
ID:	434864
Under the Scope...
15Min GBPCHF
Click image for larger version

Name:	15min mar 8 '10 2.gif
Views:	30
Size:	29.4 KB
ID:	434865
__________________
I may not Always be right but I AM ALWAYS IN CHARGE. At least, of My Own Coin.

My Future Starts NOW.



Last edited by Bemac, Mar 8, 2010 3:46pm
Reply With Quote