- Time frame - definition of time frame by The Free Dictionary
- BST – British Summer Time (Time Zone Abbreviation)
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Time frame - definition of time frame by The Free Dictionary
Hello my friends. This video on day trading stocks is given to you by me, Doctor Barry Burns at Top Dog Trading. And I am going to show you a technique today that you probably haven’t seen before. And it is game changing. So here we go.
BST – British Summer Time (Time Zone Abbreviation)
This is an absolute brilliant article! The reason why I say this is that I experienced just over the last 7 days the difference in trading 5 minute vs 9 Hour charts. I am going to force myself NEVER again to look at anything lower than the H6 timeframe, even the H6 seems a bit risky to me.
To give you a more specific example when you meet someone for the first time, can you really get a good feel for their personality and character in just 5 minutes of talking to them? Or would it take a full day of conversation to get a more accurate feel for their personality and overall mood? The longer you’ve known someone, the better “feel” you have for who they really are.
And then in the afternoon, well one of my other youtube videos, talks how to take the afternoon trade and that’s the afternoon trade there. we usually get a move right in after lunch. But that’s not really a trend either. That’s just one thrust. So you look at your cycles for a trend to go, you got to have atleast 8 to 5 cycles going to make it a sustained trend based on the definition of trend.
I have not read the above write up yet but before i do, i want to tell everyone here that daily time frame is the stress-free holy grail. I just moved up by 65%+ on my account balance from the GU inside bar that formed on monday and thursday 8767 s bullish engulfing bar on USDCAD (all from daily TF). Eh! lower time frames suck and drain our money, men.
Let me now go and refresh my learning fron the above article, i am quiet sure it will be hot.
Lest i forget, .. thanks Nial.
If you want to learn more about higher time frame trading and how it can improve your trading results by filtering out meaningless market 8766 noise 8767 and allowing you to see the 8766 bigger picture 8767 of the market, checkout my Price action trading course.
Fortunately for me, the magazine was even harder to find in Vancouver than some of the gear they recommended, and when I moved offices in 6987 or so, I was no longer near the Vancouver Public Library main branch where I could find TAC back issues.
When I was in college, I had a buddy who had a pair of these with a pair of Bose 956s sitting on top. His system was in a low ceilinged basement with peeling paint on the concrete walls. Lots of tapestries and head shop type decoration/accessories.
Your daily chart should go back 5 to 7 months or longer. You want it to show enough data so that you can find support and resistance points. Remember that each candle represents one day of trading.