Is the larger time frame overrated?

Discussion in 'Trading' started by MarketAddict, Dec 18, 2013.

  1. Take the same exact profitable trading system, apply it to 15 min chart and let's say, the daily or the weekly charts.

    At the end you will end up with much more money buying/selling on the 15 min charts.

    Believe it... or not.

    [​IMG]
     
    #31     Dec 19, 2013
  2. Those that consider fast timeframes unreadable or crowded with noise, simply don't know how to read them or don't know what to look for.
     
    #32     Dec 19, 2013
  3. Absolutely.

    Here is a chart.

    What time frame is that? The 1 minute? 5 min? 15 min? 30 min? 1H? 2H? 4H? 8H? Daily? Weekly? Monthly?

    No one can tell.

    And yet all the charts describe the same battle between the bears and the bulls, on every possible time frame, due to the fractal nature of the market.

    [​IMG]
     
    #33     Dec 19, 2013
  4. Show me a profitable 15 min trading system and I will reconsider.
     
    #34     Dec 19, 2013
  5. I could show you in the 30 seconds chart provided you had the same knowledge for the 15min.

    Point is, the good stuff, works in all timeframes.
     
    #35     Dec 19, 2013
  6. Everything is noise, and nothing is noise.
     
    #36     Dec 19, 2013
  7. What is your price?
     
    #37     Dec 19, 2013
  8. tiddlywinks

    tiddlywinks

    My working 15m TF chart.
    My (newest) manual "system", used live daily, updated in real-time, for almost 2 months.

    Trade On!
    [​IMG]
     
    #38     Dec 19, 2013
  9. There is better: big profit factors in shortest time frame! We can experiment it via PM.
     
    #39     Dec 19, 2013
  10. Whatever, dudes. I probably don't know what I'm talking about.
     
    #40     Dec 19, 2013