08/14/2006 training session

 

 

52t-120t Trading Chart Synching

• why chart synch - why not just trade slower chart?

• can't fast chart only trade?

• neutralize time fame impact on trading

• BUT faster chart desirable because it will setup-trigger sooner AND give the 'best' price

• chart synching approach to multiple chart trading - adjustment to calling one time frame the trend AND only trading in that direction

• synch can offset 'waiting' for slower chart reverse

• synch slow chart price hold of directional markets - fast chart re-entry on resumption

IF you have a directional market AND the 120t is in double dots and the 52t resumes that direction - assuming not in consolidation - that is a synch trade

IF you have a 120t initial reverse AND a 52t base setup like breakpoint with mex flow in the direction of the retrace - that is a synch trade

IF you trade the 52t against single 120t directional dots - may be a good setup and worth doing BUT it couldn't be called a synch trade