InvestorsHub Logo
Followers 43
Posts 4879
Boards Moderated 6
Alias Born 01/19/2012

Re: sharpshorts post# 627

Wednesday, 10/10/2018 11:48:10 AM

Wednesday, October 10, 2018 11:48:10 AM

Post# of 1589
There are many reasons I watch higher time-frames even though I don't trade off them:

These charts are useful for avoiding the manic down trends where down-to-up reversals are few
and produce only minor up turns...such times most often produce reversals that are too short lived
with runs that don't allow enough of a positive reaction to profit from.

I often avoid trading in the hours following the major markets 9:30 AM openings...
and also after/during news events.



I don't sweat missing some opportunities that may present themselves during active markets...
-- There is ALWAYs another trade ! --


Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.