http://www.netpicks.com/tjgiveaway1 - YOUR FREE TRADING SYSTEM
Multiple time frames analysis can be overwhelming for some. In one frame, we are in an uptrend while in another time frame, we are in an downtrend.
Add in more time frames to check for “confirmation” and confusion can become so severe, people tend to simply freeze.
The issue is that there comes a time where the time frames mesh and either the higher or lower time frame takes over. Patterns in one time frame take on a whole new meaning when looked at in the context of another time frame.
There is the belief that the higher time frame carries more weight but remember at any time, one time frame can take over and a turn over happens. The trick is to determine which time frame and structure is the one with more power.
See more at: http://www.netpicks.com/multiple-timeframes-and-trendlines/
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