Quote:
Originally Posted by raging bull
yea they can be confusing....I guess the best way which Im already doing is just using the 4hr candlesticke to tell me which direction the market sentiment is and just trade off of my 30min indicators (macd,psar,stoch)
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Thats certainly what I do. In my case the 15 min frame is my action frame occasionally moving down to 5 or even 1 min in a fast moving market. The higher timeframes show me the key supply/demand areas which put me on notice in terms of any trade I may be in lower down