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Conform different time frames before enter trade |
chennuru White Belt
Joined: 07 Jan 2011 Posts: 93
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Post: #1 Posted: Fri Jul 13, 2012 12:55 am Post subject: Conform different time frames before enter trade |
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Dear All
Hindalco 30 tf and 15 tf.
i conform in this way before enter trade,
when 15 tf indicators shows divergence, wait for larger time frame signal also.
then take trade, it will be accurate 70 to 80%.
experts comments are welcome,
for selection of charts i use Ichimoki indicator.
instead of monitoring only volume, imonitor the force index.
sujan |
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snaik57 White Belt
Joined: 20 Nov 2010 Posts: 8
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Post: #2 Posted: Fri Jul 13, 2012 7:14 am Post subject: Re: Conform different time frames before enter trade |
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chennuru wrote: | Dear All
Hindalco 30 tf and 15 tf.
i conform in this way before enter trade,
when 15 tf indicators shows divergence, wait for larger time frame signal also.
then take trade, it will be accurate 70 to 80%.
experts comments are welcome,
for selection of charts i use Ichimoki indicator.
instead of monitoring only volume, imonitor the force index.
sujan |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #3 Posted: Fri Jul 13, 2012 7:26 am Post subject: Re: Conform different time frames before enter trade |
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chennuru wrote: | Dear All
Hindalco 30 tf and 15 tf.
i conform in this way before enter trade,
when 15 tf indicators shows divergence, wait for larger time frame signal also.
then take trade, it will be accurate 70 to 80%.
experts comments are welcome,
for selection of charts i use Ichimoki indicator.
instead of monitoring only volume, imonitor the force index.
sujan | v.good. New trading idea. I think success ratio will b very high. |
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opportunist White Belt
Joined: 27 Apr 2010 Posts: 356
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Post: #4 Posted: Mon Jul 16, 2012 2:39 pm Post subject: Re: Conform different time frames before enter trade |
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chennuru wrote: | Dear All
Hindalco 30 tf and 15 tf.
i conform in this way before enter trade,
when 15 tf indicators shows divergence, wait for larger time frame signal also.
then take trade, it will be accurate 70 to 80%.
experts comments are welcome,
for selection of charts i use Ichimoki indicator.
instead of monitoring only volume, imonitor the force index.
sujan |
Always trade 2 TFs lower than what you use to observe trend. For 15 TF traders one should consult 60 TF and not 30 TF.
Also sometimes if there is an short opportunity in lower TF but not conforming to higher TF, it should be taken as it will disappear quickly. |
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prst White Belt
Joined: 24 Sep 2011 Posts: 87
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Post: #5 Posted: Mon Jul 16, 2012 4:54 pm Post subject: Re: Conform different time frames before enter trade |
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opportunist wrote: | chennuru wrote: | Dear All
Hindalco 30 tf and 15 tf.
i conform in this way before enter trade,
when 15 tf indicators shows divergence, wait for larger time frame signal also.
then take trade, it will be accurate 70 to 80%.
experts comments are welcome,
for selection of charts i use Ichimoki indicator.
instead of monitoring only volume, imonitor the force index.
sujan |
Always trade 2 TFs lower than what you use to observe trend. For 15 TF traders one should consult 60 TF and not 30 TF.
Also sometimes if there is an short opportunity in lower TF but not conforming to higher TF, it should be taken as it will disappear quickly. |
should we enter and exit based on the higher TF, supported by the smaller TF?
or is it vice versa? |
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opportunist White Belt
Joined: 27 Apr 2010 Posts: 356
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Post: #6 Posted: Mon Jul 16, 2012 9:24 pm Post subject: Re: Conform different time frames before enter trade |
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prst wrote: | opportunist wrote: | chennuru wrote: | Dear All
Hindalco 30 tf and 15 tf.
i conform in this way before enter trade,
when 15 tf indicators shows divergence, wait for larger time frame signal also.
then take trade, it will be accurate 70 to 80%.
experts comments are welcome,
for selection of charts i use Ichimoki indicator.
instead of monitoring only volume, imonitor the force index.
sujan |
Always trade 2 TFs lower than what you use to observe trend. For 15 TF traders one should consult 60 TF and not 30 TF.
Also sometimes if there is an short opportunity in lower TF but not conforming to higher TF, it should be taken as it will disappear quickly. |
should we enter and exit based on the higher TF, supported by the smaller TF?
or is it vice versa? |
Vice Versa. Higher TF suggest trends. Lower TF optimises entry /exit profits. |
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