[Permanent Edition] The Timeframe Lessons I Wish I Had Been Taught During My FX Beginner Era
Isn’t technical analysis the same across all timeframes?
this time, we will shatter that common sense. Please read every single word.
Candlesticks and indicators displayed on the chart
look exactly the same whether you’re looking at a 1-minute chart or a daily chart.
That’s why people end up believing that they should function the same across all timeframes,
and get wiped out by small price moves on the 1-minute or 5-minute charts.
It might sound a little uncomfortable to hear.
But don’t worry. I was the same way.
However,just by grounding yourself in the truth of timeframes,your growth rate from there will soar dramatically.
This time, I will talk about what I now think are the “cruel truths of timeframes and how to use them correctly,” which I wish I had been taught during my FX beginner days.
First, please see the “three fundamentals” that will shatter your conventional beliefs about timeframes.