--- Technical Analysis Using Multiple Time Frame By Brian -
The sniper does not predict; he executes. Once the astronomer says "buy" and the navigator says "the zone is here," I drop to the lower time frame to look for confirmation. I need to see a shift in market structure on the small chart—a break of a minor trendline, a bullish engulfing candle, or a divergence on an oscillator like the RSI. The sniper answers: Is the market ready to move right now? The Golden Rule: Don't Argue with the Astronomer The most common mistake traders make is "trading against the mail." They see a sharp bounce on the 5-minute chart and assume a new trend is born, ignoring the fact that the daily chart is still a waterfall decline. This is like trying to sail a rowboat upstream past Niagara Falls.
Multiple Time Frame analysis transformed me into a general. The general stands on the hill, watches the daily weather patterns, consults the 4-hour map, and then sends the sniper (the entry signal) in at the exact right moment. The general does not guess; he orchestrates. --- Technical Analysis Using Multiple Time Frame By Brian
--- Brian