Price. Action/Market Strucutre

Trading Systems
1

Remember the biggest thing ,don’t underestimate the Daily TF, traders want to plot support and resistance and just rush down to H1 or M5 for entries

Understand the Daily TF and what it tells you FIRST

1. Overall structure and location
Ex: Downtrend, LH
2. Current strength of buyers and sellers based on how the candles closed for the last two-three days
3. Strongest areas to take trades off of
4. Market direction for the week
5. Reliable TP areas

After that THEN move down to H4 and you’ll have a complete understanding of the bigger picture, where the market is heading for the week and the current strength of buyers or sellers.

2

I agree with the concept of using multiple timeframes and placing more weight on the higher frames as you move down to lower frames

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