This STRATEGY can change your Trading approach forever!
📈TRADING using MULTIPLE TIMEFRAMES (MTF)📈
A Top-down Trading approach that will increase your chances of winning...
Ready to learn?🧵...
Let’s go...
📈TRADING using MULTIPLE TIMEFRAMES (MTF)📈
A Top-down Trading approach that will increase your chances of winning...
Ready to learn?🧵...
Let’s go...
Rule 1⃣: Define your Trading/Investing Style
You can be a
➡️ Long term investor
➡️ Positional trader
➡️ Swing trader
➡️ Intraday trader
Let's take the example of a Positional trader for this 🧵
You can be a
➡️ Long term investor
➡️ Positional trader
➡️ Swing trader
➡️ Intraday trader
Let's take the example of a Positional trader for this 🧵
Rule 2⃣: Identify the LONG TERM TREND on Monthly charts!
The long term chart helps you identify the long term trend & pivotal points in trend changes
In the below #NEULAND chart, you can see the stock has been in a long term uptrend since 2001.
The long term chart helps you identify the long term trend & pivotal points in trend changes
In the below #NEULAND chart, you can see the stock has been in a long term uptrend since 2001.
Looking for a better video explanation?
I've explained the entire strategy in this video. Do check it out!
youtu.be
I've explained the entire strategy in this video. Do check it out!
youtu.be
Rule3⃣: Wait for a BUY SIGNAL on the Weekly chart!
In this chart once you get a buy signal on CCI and RS, take a look at the chart and you will observe the change in trend and breakout.
Now you know this is probably a resumption of the long term trend that started in 2001.
In this chart once you get a buy signal on CCI and RS, take a look at the chart and you will observe the change in trend and breakout.
Now you know this is probably a resumption of the long term trend that started in 2001.
Rule 4⃣: Now it is time to hit that 'BUY' button.
But how to IDENTIFY THE ENTRY POINT?
Switch to the 'Daily' chart & buy either on
➡️Retest of breakout zone
➡️Or on the breakout after a short consolidation after 3-5 days
But how to IDENTIFY THE ENTRY POINT?
Switch to the 'Daily' chart & buy either on
➡️Retest of breakout zone
➡️Or on the breakout after a short consolidation after 3-5 days
But, wait... Are you a swing trader? 🤔
Don't worry, here is a what u should probably follow!
➡️W chart - Trend
➡️D chart - Scan
➡️4/1 hr chart - Buy
This is how you use 3 Timeframes (M/W/D) to identify the Major trend, pin down on a stock & also buy at the right entry point.
Don't worry, here is a what u should probably follow!
➡️W chart - Trend
➡️D chart - Scan
➡️4/1 hr chart - Buy
This is how you use 3 Timeframes (M/W/D) to identify the Major trend, pin down on a stock & also buy at the right entry point.
Learnt something? If yes, please👇
1. Retweet the first tweet
2. Follow @dmdsplyinvestor
3. Subscribe to my YouTube channel for more content! youtube.com
1. Retweet the first tweet
2. Follow @dmdsplyinvestor
3. Subscribe to my YouTube channel for more content! youtube.com
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