How to Determine Market Direction Using Multiple time frame

12 มิ.ย. 2021In this video I try to explain the best way to determine market direction.

Define a uptrend--- Series of higher highs and higher lows
In an uptrend your goal is to buy from a support and form a new higher high
In order for you to buy from a support, your lower timeframe must be in a downtrend

Define a downtrend--- Series of lower highs and lower lows
In an downtrend your goal is to sell from a resistance and form a new lower low
In order for you to sell from a resistance, your lower timeframe must be in an uptrend

Avoid using historical levels to fight market direction

If you can keep these rules, you will always be safe. Few is always more

Thank you and trade safe