Trading with multiple time frames – every now and then it’s always a good idea to look at some different time frames to be sure you have a solid understanding for the longer term trends in play.
I will admit that it’s easy to get caught up in trading the shorter time frames like the 1, 10, and 60 minute charts especially when there are large intraday movements. But every night you must reset your thinking by looking at the bigger picture.
Below are weekly and daily charts which I think provide a big picture view of things. >> Continue
Chris Vermeulen is the author of the The GoldandOilGuy.com