I watch 4 different time frame charts. The only way to get the true picture is to be able to look at the macrocosm on the Weekly and Daily charts to assess the major trends and then delve into the microcosm on the Hourly and 15-minute charts to see what's happening now. If you are trading today using only one chart, you're not going to be as successful with your timing as your could be by watching all four charts. Just my opinion but, it's shared by a lot of professional analysts now as well.
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