Choosing Trading Time Frames (Secret Formula Revealed)

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Have you ever been in a trade that’s not working and just cannot figure out why?

I bet anyone watching this video has.

Have you ever thought to look at a larger timeframe to see why that could be?

For any of you that have tried this, I bet you were able to see why your trade wasn’t working.

But how do you know what time frames to look at? And what should you be looking for.

I’m going to teach you all of this in today’s video.

It’s a question I get all the time.

What time frame should I be using or what time frame does this work on?
Every time I get that question I think the same thing. This is not the right question to ask……

The proper question is what time frames (plural) should I be using.
You see looking at a single timeframe only give you one snapshot in time.
To start off I need you understand that No market actually has
timeframes… trading runs continuously. We only use timeframes in order to segment the price movement into digestible pieces because trying to analyze all market data at once is nearly impossible.

However, if you choose to trade on a single time frame you risk not seeing the whole picture.

Timeframes are always most powerful moving from Largest to smallest.
In other words a 60 minute time frame will always be more influential than a 15 minute time frame.

This is because what is happening on the 60 minute time frame will always influence what Is happening on the 15 minute time frame and not the other way around.

So Don’t get this backwards.
Lets look at an example….

Actually before we do this, To start if you have not viewed our video on RSI, Stochastic and MACD trading then please stop and watch that now… this video you are watching will not make sense to you until you have viewed that. I’ll put a quick link to that here in the top right corner of the video, please view that before moving forward.
On that note From now on the videos on this channel will build off of one another in sequential order. This allows me to explain more and more complex subjects as time goes on……

for FREE I might add, so do me a favor and subscribe and click the like button…….. because this stuff is far more valuable than the bull that is being sold in these fake ass courses you tubers make.
Alright so back to the example….

Here you can see a clear trade setup to the upside, again I wont go over exactly why this is as it is covered in another video, but if you are tracking with me…. Just looking at this chart we will see an up trade on the 15 minute time frame.

With the entry being right here
However, if you look here, the trade does not work and we are stopped out when the price fall to here.

This is both a frustrating and costly mistake.

That’s one reason trading is so hard. Humans really hate losing money and they also really hate being wrong…. The markets have a way of combining both those into a nice package for you, so you get a double whammy every time.

Alright, so this trade didn’t work… and from just looking at this chart we wont be able to tell why…..
The answer is actually found on a larger time frame
When we pull up the 60 minute time frame on the exact symbol at the exact time of our trade entry, we can now clearly see why the trade did not work…..

Remember that we will always want to exit a trade when the RSI and or the Stochastics are overbought….

Clearly right here on the 60 minute time frame we have an overbought situation, meaning we would no longer be comfortable trying to trade to the upside on this time frame or any time frame below this one.
However, from just looking at the 15 minute chart, we would have never been able to see this…. And would have ended up frustrated and discouraged.

This happens all the time. This is constantly happening actually.
I challenge you to go back and look at the last 5 trades that you had that did not work. Pull up a few larger time frames and see if they can provide any answers for you…. I bet in most cases they will.
Alright so thats all good and well

But how do you know what time frames to trade.
This is a little secret I’m going to give you for making it this far into the video.

Видео Choosing Trading Time Frames (Secret Formula Revealed) канала Prophet Market