Thats what my entire trading idea is based on.
Originally Posted by nesmithdj
I look at D TF and enter on H1.
Now I find myself increasingly looking at Weekly also, to get an idea on where prices are going to end up.
Sometimes you get to see where its most probably going to bounce, sometimes you get an idea where its going to stop at.
But either way, I decide on price bias based on Daily candle patterns and only take trade formations that are the same as price bias.
Saves me alot of unnecessary wastages of pips on SL.
It Aint Rocket Science.