THINKING FAST AND SLOW - Another must read book... <iframe width="420" height="315" src="http://www.youtube.com/embed/_XQM5hl_LF8" frameborder="0" allowfullscreen></iframe>
Is is EASY TO SEE that PRICE IS THE SAME when you plot the HH/LL for all of the time frames and see that PRICE is in the same position relative to the HH/LL for each time frame no matter your chart time frame.
I know it's been a while but I am pretty settled in at the ranch. Back to trading and coding on a regular recurring basis. Though my focus isn't on scalping since I am not online 24/7. Looking at simple entries over longer periods of time. Emphasis on statistical trading at HORIZONTAL LINES. No squiggleys needed. And if you are looking for an argument, you won't get one. I don't have the time or bandwidth to spare.
The Signal and the Noise: Why So Many Predictions Fail ? but Some Don't by Nate Silver GOOD BOOK! Here's my video: http://youtu.be/ORssqo3I2qQ