Mr V thanks for your priceless post on this blogsite and FF it has really change my trading performance for the better. while following your style of trading i discover you mention the daily is it absolutely important that one check the daily before making trade? thanks
The more information that you have the better. Multi time frame analysis is the way to go without question.
If you are going against the D chart then you've got to have good reason to and thats more than a 1hr chart e.g. a proven historical SR level, divergence on more than 1 time frame, good candles/formations, price clearly showing resistance at that level.
All my comments at FF have the D chart as a starting point, even if not specifically mentioned If my comments help then its with that background in mind and so the answer would be yes. Follow the D chart until you have very strong reaons not to.
Mr V thanks for your priceless post on this blogsite and FF it has really change my trading performance for the better. while following your style of trading i discover you mention the daily is it absolutely important that one check the daily before making trade? thanks
ReplyDeleteThe more information that you have the better. Multi time frame analysis is the way to go without question.
ReplyDeleteIf you are going against the D chart then you've got to have good reason to and thats more than a 1hr chart e.g. a proven historical SR level, divergence on more than 1 time frame, good candles/formations, price clearly showing resistance at that level.
All my comments at FF have the D chart as a starting point, even if not specifically mentioned If my comments help then its with that background in mind and so the answer would be yes. Follow the D chart until you have very strong reaons not to.