Timeframe Alignment. Save for later! Timeframe alignment in trading involves analyzing multiple timeframes to ensure they all indicate the same trend direction before making a trade. You usually start with the higher timeframes, like the daily then down to 4-hour charts, to spot the bigger trend, then move to lower timeframes, like the 5 minutes or 15-minute charts, to nail down your entry point. You know, this varies according to the type of trader you are. As a day trader, you can follow the e

Proper Timeframe Alignment 👇 The key to timeframe alignment is ensuring that your entry timeframe (Lower Timeframe, LTF) aligns with two higher timeframes while staying 💯 aware of the bigger picture. For example, as a day trader, i can use Daily - 4H - 15M/5M or Daily - 1H - 5M/1M. Daily Bias on Daily Timeframe, 4 Hour timeframe for refinement and context and 15Mins/5Mins timeframe for entry setup. Same principles for Swing traders and Scalpers. Follow @smcandict for in-depth trading contents.

Ever wondered how to predict currency movements in Forex trading? ...

PERFORMING TECHNICAL ANALYSIS IN FOREX Technical Analysis is the study of past price data and traders uses these data to predict the future movement of the market. There are several tools traders use in performing technical analysis such as ( Trendlines, Support and Resistance Levels, Market Structures, Fibonacci Tools, Elliott Wave tools, Top down analysis. etc) These tools are use all together to be able to understand the price action of the market and make a good trading decision. Don't forge