Definitely agreed with this on several points, but in the end. Time Frame analysis is key. You look at the bigger time frames and work your way down, looking for them to be congruent in trend/move.
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Definitely agreed with this on several points, but in the end. Time Frame analysis is key. You look at the bigger time frames and work your way down, looking for them to be congruent in trend/move.
That's right the higher time frames usually reflect the real market bias and most of what is seen in lower time frames are market noise, wish newbies can make sense of that!