Using Multiple Time Frames with Trend is a Terrible Idea!
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TECHNICAL ANALYSIS HERESY OF THE DAY:
Don't trade in the direction of the trend of the higher time frame.
What do I mean by multiple time frames?
The traditional teaching.
Why that isn’t “optimal”
Why you could get away with it in the past.
Why you can’t get away with it now.
My “heretical” teaching.
Use momentum instead of trend on the higher time frame to confirm your trade on the lower time frame.
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