Wednesday, April 1, 2009

Adjusting timeframes

Thought:

1) I'm analyzing on timeframes that are weekly and daily. However, my trades seem to last less than a week. Perhaps i should consider using daily and hourly charts instead.
Weekly should be there to identify key turning points, but more as a watchout?

2) Use my daily analysis for the setup, and then hourly for entry and exit points?

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