Mastering market analysis techniques to win in trading!! Scatore Futa's Technical Dojo | Episode 5 [Considering Entries] Part ② Movements by Timeframe
He rode the day trading boom in stocks to become a full-time trader, but had a major loss due to the subprime loan crisis and retired once. After that, he learned about FX, spent two years as a part-time trader, and by the third year became a full-time trader.
Official site:http://fxfighter-fuuta.link/
Twitter:https://twitter.com/fuuta_fx_trader
YouTube:https://www.youtube.com/fuuta_fx/
*This article is a reprint/edit of FX攻略.com December 2020 issue. Please note that the market information written in the main text may differ from current market conditions.
Understand the overall market by looking at multiple time frames
Chart timeframes include monthly, weekly, daily, intraday, and minute bars, among others. Some people may only look at a specific timeframe, but I believe looking at multiple timeframes is very important for trading. In work, gaining a broader overview leads to better tasks; the same goes for markets—the more timeframes you review, the better you can grasp the overall market situation. Here, I’d like to talk about the importance of viewing multiple timeframes.
