Page 23 - Trading #101 Course – Part One: Trading Basics
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TRADING #101 COURSE – PART ONE: TRADING BASICS      /2017-10-06


               Time Frames to Track the Trend Using the “Higher -Time-Frame” Filter

               This list of time frames will help you to use the higher time frame filter.

                   •  1-minute chart trading: Use the 5 -minute chart for trend lines.

                   •  3-minute chart trading: Use the 10 -minute chart for trend lines.

                   •  5-minute chart trading: Use the 15 -minute chart for trend lines
               .
                   •  10-minute chart trading: Use the 20 -minute chart for trend lines.

                   •  15-minute chart trading: Use the 30 -minute chart for trend lines.

                   •  20-minute chart trading: Use the 40 -minute chart for trend lines.

                   •  25-minute chart trading: Use the 50 -minute chart for trend lines.

                   •  30-minute chart trading: Use the 60 -minute chart for trend lines.

                   •  35-minute chart trading: Use the 60 -minute chart for trend lines.

                   •  40-minute chart trading: Use the 60 -minute chart for trend lines.

                   •  60-minute chart trading: Use the daily chart for trend lines.

                   •  Daily chart trading: Use the weekly chart for trend lines.

                   •  Weekly chart trading: Use the monthly chart for trend lines.

                   •  Monthly chart trading: Use the quarterly chart for trend lines.

               There will be times when the trend is not clear on the time frame you are trading.   This
               is when you need to use the “higher -time-frame” method.   These time frames and their
               correlation are what I suggest you use to capture the most current underlying trend.

               Look for entry opportunities that correspond to entries on several time frames. This way,
               you may have many traders getting in and fueling a significant trend.

               No matter what time frame you are trading, this technique can be used. If you’re a day
               trader, swing- trader, or an investor, you can use this trading technique.  Significant
               trends involve traders and investors from many time frames trading in the same market
               direction.

               NOTE: Some traders may be looking for a more significant trend. In this case, move two
               time frames out.

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