One of the most common questions I’m asked is how day trading trends are to be evaluated when looking at more than one time frame.
The day trader will be looking at a chart and see the trend is up (for example), but then they look at a chart of another time interval and they see that it is down.
This is very confusing and they ask me which is the “REAL” trend?
I hope this video will help bring clarity to the issue not only for those who are asking how day trading trends are determined, but also for swing trading and even investing trends.
One extra comment not addressed in the video – while I look at the trend on a higher time frame, I actually find it more important to make sure I’m trading in the direction of the momentum and cycle of the higher time frame. These are faster energies and allow me to trade more frequently than if I waited for the trend to align on both time intervals concurrently.
As always, please leave your comments below after viewing the video.