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Multiple Timeframe Secrets You’re Not Supposed To Know

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Multiple Timeframe Secrets You’re Not Supposed To Know

hey hey what’s up my friend so in today’s training is all about multiple time frame scripts so here’s what we’ll talk about right first thing first stack levels how do you identify high probability market turning points right with deadly precision number two we’ll talk about the rubberband effect how do you avoid low quality trading setups right that mask themselves as high probability trading setups this is something that fuller many traders because they think that oh this particular trading setup looks bullish or it’s a high probability trick but in fact right if you dig deeper if you understand multiple time frame analysis you realize that those setups are crap and you want to avoid it and number three how to improve your winning rate instantly by using this one simple technique so all this and more right in today’s training first thing first mistakes to avoid when using multiple type rig sorry so the first mistake I want you to avoid is what I do this is that traders they zoom out their chats to little till it becomes you know getting meaningless right for example let’s say you trade off the five minutes timeframe and you use multiple time frame analysis you go up a higher time frame like the ten minutes time frame to me that’s useless that’s better irrelevant because on the 10 minutes and the five minutes time frame you’ll see that the information you get it’s somewhat similar you don’t get any new information right just by going up from a five minutes to a 10 minutes time frame so that’s the first mistake right you zoom out of your chats right your runner you go up a higher time frame right but it’s not significant enough right to give you any new information for your own pretty number two you zoom out too much so this is where you overkill big so for example let’s say again you trade on the five minutes time frame and you zoom up to the muddly time frame that is overkill because whatever happens on the monthly time frame it’s irrelevant right to a trader on the five minutes time frame there is something like you know let’s say you are at your house right you order piece of land and you want to know mix Dora what’s your neighbor doing something is noisy now there you’re curious but you’re blocked by a fence so what do you do buy right right you just pick a letter climb the letter you can see what your neighbor is doing when you zoom out too much like that it’s like you know going into space and look down and see what your neighbor is doing that is overkill and that’s what I mean by you know zooming out too much so when you use multiple time frame analysis there is a sweet spot to win you cannot zoom out too little and at the same time you cannot assume out too much because it becomes overkill so what is the sweet spot sorry but before I get to that right this if this is the first time you are watching my trading video right give me a thumbs up subscribe to my youtube channel this way whenever publish a new video you always be updated so do it right now hit subscribe and moving on the first secret is this is that where you use multiple time frame analysis you want to use a factor of 4 to 6 this is something that I believe I it’s mentioned by Alexander elderoy but Adam Grimes right so this is a technique that I learned from them so let’s say for example again you are let’s say higher time between a factor of 4 to 6 what do I mean by that is for example let’s say we go with a factor of 4 let’s say you’re trading on the one hour time frame right let’s say you’re trading on a one hour time frame your higher time frame should be d4 our time frame how do you get for our time frame just take a factor of four multiplied by this one hour you get forward time frame okay so let’s try a factor of six let’s say you’re trading time frame is the five minutes time frame Edie what is your higher time frame if you are using a factor of six you just pick six multiplied by five you get 30 minutes and the 30 minutes time frame is your higher time frame okay so this is a very useful technique to use right to define right what is your higher time frame so let me give you another quick one let’s say you’re going with a factor of five okay and let’s say you’re trading type rib is the two hour time frame a factor of five your trading time frame is the two hour time frame so what is your higher time frame right do this quick exercise with me that should be your higher time frame should be a ten hour time frame okay I hope you got that one right so that’s the first secret right whenever use multiple time frame analysis whatever your to define your higher time frame remember this factor of four to six anywhere between four to six is fight or even three to five it’s perfectly fine alright don’t get to eat about it right okay so just remember this this range secret number two or I expect levels right so what is stick level so let me ask you a question so let’s say you don’t Valentine’s Day I’m sure your wife your girlfriend right they they do appreciate a dear ideally they they want to be you know lift on the day so there’s a fastener let’s see the second see now is this Valentine’s Day again but this time around Valentine’s Day happen to be your wife’s birthday and on top of it I is the same day right then the two of you got married in other words is your wedding anniversary don’t let me ask you which scenario is Valentine’s Day most significant is it a first scenario where Valentine’s Day is just Valentine’s Day for everyone or is it scenario to where Valentine’s Day it’s your wife’s birthday and your wedding anniversary which are is more significant well probably scenario two right because we have a multiple of a confluence of events coming together on that same day and day becomes more significant right although I know the truth is because you you you want to be a cheapskate in the water by too many gifts or all or one day that’s that’s a pretty smart idea right but let’s not let your wife know that but so you can agree that Valentine’s Day in the second scenario where we have a multiple confluence of events makes that occasion much more meaningful more significant and why am i sharing this with you because this is the same as trading right let’s say you identify a level on the daily timeframe if that level right has a confluence offer let’s say also a weekly level same level it becomes more significant let me let me just explain to you what I mean by this right look at this chat over here okay so I would’ve looking over here right why right why did this market okay let me just get out the tool right why did it reverse at this particular level well some of you might look at this shut all radio that’s because there is an area of resistance over here fair enough there is the area of resistance over here we are which I draw over here okay – also another one over here and over here so what makes this one special well again remember multiple time frame analysis if I go up to the higher time frame like the daily timeframe from the 4-hour to the dailies a factor of six you can see on a higher time frame this particular level over here okay let me just point out this level that you have seen earlier on the forward time brief has a confluence of this one over here on the higher time frame the higher year time frame higher time frame and about here as well so you can see that on the higher time for the daily time frame this level is a significant level so the 4-hour level has a confluence with the daily level and that becomes a stack level so let me just you know put this down side by side so you can see where I’m coming from right let me just split up the charts okay so daily type rate this portion over here okay so now you can see over here the daily time frame this level over here is the same level that you see over here it’s the same level so now do you see the significance of this this level now is no longer just a four hour time frame resistance is also a daily level right a daily area of significance right so this is how you usually stack levels right where you are using your multiple time frame analysis if you identify a level there’s a confluence of a higher time frame level and a same spot in the same area that level becomes significant another example okay let’s look at another example okay so let’s say we look at this this one over here now you look at this daily time frame okay alright no price you may look at this oh why did price reverse at this level maybe is because there is this swing this area of support over here get to be a one possibility right why the price reverse at this around this area but again if you use multiple time frame analysis if you understand multiple time frame analysis let’s say we got before factor of five the weekly time frame you look up you notice at that level it’s actually a significant level or the higher title over here here here and here that’s that once twice thrice four five six seven and here in fact so now this level no longer is just a daily time frame level it’s a level right that can also be seen on the weekly time frame so my point here is this right when you are trading using multiple time frames or you want to be aware of the levels that you have for each other areas of your chart because those areas that has a confluence of a higher time frame level or area as well those levels are really the ones or you want to be trading off those are the ones right there has a higher probability of reversal make sense okay so if I just gonna align this right side by side again okay so this one over here okay it is the weekly time frame you can see the weekly timeframe and over here is the daily timeframe weekly timeframe is this level here here and here which comes in to come close of this level here on the daily timer so now this level of daily timeframe here becomes more significant when you look at a big picture and you realize man that level it’s actually a weekly level that’s why you know the price who reacted near that area okay so that’s the first thing that I know run is the second thing the second secret day I wanna share with you I remember this Valentine’s Day analogy the third take the third secret the rubberband stretch so when you understand multiple time frame analysis right you will know right when to buy and when to sell you don’t want to be buying right when the price is far away from the area of value on the higher time frame I know that sounds pretty damn confusing so let me just fire an example here to show you what I mean right so if you look at this this chat over here again alright you look at this chart and they would think that man I should be they look at this price breakdown of this swing low oh man I should be selling right look at this Rainer the market is in a downtrend it just broke the swing low the tree is about to continue let’s sell sell sell to be honest right this is what I used to do right until I found out the mistake that I did right and this mistake this revelation came right only when I understand multiple time frame analysis so again let’s look at a big picture right so daily time frame we can use the weekly as our higher time frame right as a guide so if you look at a weekly time frame okay and let’s identify the area of value of this chart so I can do is you don’t use tools like trendline moving average whatsoever whichever you you like right so in this case I just go with trendline okay over here control C control V and I realized I can’t actually draw a channel so what you realize over here is that when you were selling only on a daily time frame you were actually selling near the laws of this trend channel is this an area of value if you think about this right you know that the market has been contained in this trend channel if you were to sell you wanna be selling near the upper channel and possibly you’re taking profits near the lowest right of this channel you don’t want to be selling at the lows of this channel because that is possibly right now what are the worst areas are you can look to shut the market but again right you would know this right if you don’t understand multiple time frame analysis so if we go back earlier to the daily time frame there you see over here okay so this is the the weekly time frame or the daily time frame then you see over here okay I just put it side-by-side you can see that over here when you’re selling at this point right is where you are selling here on the weekly timeframe near the lows of the trench and dealer right we’re buying pressure is what step it and push the price higher so can you see this this significance over here right when you understand multiple time frame analysis right it gives you an x-ray vision it gives you a bird’s eye view right of what you’re doing at the markets right are you buy into it area of resistance are you selling it to an area of support but this is important stuff let me give you one more example this time we use a different tool to define your area of failure so if you look at the five year Treasury note futures okay over here again same thing right if you look at this shot many traders they’ll look at this all Rainer look at this Rainer a higher lows higher highs market is an uptrend there’s this consolidation here Rader let’s buy the breakout do you wanna do that I hope dawn right because you want to see where you are in the grand scheme of things you want to know where you are in the big picture so let’s again use multiple time frame analysis how can we do that so this is a four hour time frame I usually like to use a factor of six so the higher time frame to me is the daily time frame so let’s look at the daily time frame and see where we are so earlier that point right where you are by you actually buy at this point over here at daily time you bite somewhere here about here and when you look at this right do you want to be buying it this highs on the TV time frame because if you take a step back and you look right you notice that the price tends to respect the 50 period moving average over here here here and you know that the 50 period moving average is an area of value for this market so you clearly you’d want to be buying me at these signs because if the market does a pullback you likely get stopped on your boss probably gets knocked out so get less later chat site my son and see what you’re actually doing on the forward time frame in a grand scheme of things okay so layout side by side so this one here is the daily time frame the forward time frame okay you can see it’s over here so I lay out side by side you see over here right so what you did earlier is that on a daily time frame you buy near this house over here okay or the forward type rate is at this point over here so if on the forward time frame you’re not aware of multiple time frame analysis or just blindly by right there you’ll probably get stopped out on this pullback this decline over here but if you’re a trader who is well versed with multiple time frame analysis you might hold your horses they might say okay I don’t want to be buying at this Heinz because the price now is overstretch away from the area of value I might want to wind up wait for the price to come to my area of value to come to me right before I look to enter three okay so this is what multiple time frame analysis can do for you when you understand you know how the big picture works so moving on secret number four how do you actually improve your winning rate using multiple time frame analysis right so the thing that I want you to pay attention to is look for break off structure in the direction of the higher time frame print again this one said that it’s not clear right so this is why I like to give examples right to illustrate my my concept and often right traders might say here a little you know why are you you’re cherry-picking all this charge you know you know all this all right okay it’s all on height side yes it’s all on hindsight and yes I cherry-pick this chance to illustrate my concepts but I’m not expecting you to blindly trade if I expand you test verify the concepts that I share with you and whether it works or not this is not the spoon feeding you and tell you oh this the way to do things right you must read this way no this is to open up your mind your horizon to be like water my friend and to see that there are different ways to create a market different concepts thereby resonate with you and if you think you’ve resonates with you go apply it test it out and see if it works for yourself right don’t just blindly take my word for it right this is important and okay moving on break-up structure right so let’s have a look so if you look at this market right the pound year and on the daily timeframe okay daily timeframe you notice that the price has come into this area of a resistance and you’re wondering right no off the traders with a trade suppose this does they look for combat Candlestick patterns like shooting star hammer a gothic method sword and so forth and that is perfectly fine but what if the bucket doesn’t form this textbook patterns that you’re familiar with what if you don’t get this type of patterns what do you you know just for good or trade just let it go no right because if you understand multiple time frame analysis you realize that you can actually time your entries without candlestick patterns the only thing you need to do is understand market structure it is really simple and I will explain to you how this works so again right on the powdery and you see that price now is that this area of resistance right this was previous support support which become resistance great so what’s our entry trigger how do you enter the trick there is no you know price rejection there is no bearish engulfing pattern blah blah blah let’s assume there there is it right so what you can do is again use multiple time frame analysis this time bruh we go down to the four words I’m afraid this is a factor of six and you see over here there are the four words I’m afraid you have this so this is how the four hour time frame looks like okay if I overlay the chat side-by-side right you get a see better so on the daily time frame this is the level that we saw earlier okay on the forward side it looks like this and the break of structure is very simple at this point right you notice that there is a series of higher highs and higher lows coming it this area of resistance right higher lows higher highs pretty simple stuff so break off structure means right what you’re looking for is a break of this prevailing price structure you’re looking for lower high and lower look so where did that happen right so the lower high and lower low occur at this point right at this point even lower high and a lower low where the price break below this low you don’t have a lower high and a low low and this is what I call a break off structure and this is not an ordinary break off structure because this is the break of structure and a key area or the daily timeframe in line with the overall trend or the higher time frame which is the daily you saw earlier or the daily time it’s in a downtrend right you see over here this is the down trip so this right this break of structure technique right allows you to better type your entries aligned right with the higher time frame thread align with the higher time frame resistors area make sense okay so this is what I mean by a break off structure so let’s look at one more example okay over here this is a dollar against the dollar chrono reset shot quick one let’s look at a daily timeframe so get daily timeframe you saw that up or rather let’s look at a weekly timeframe you saw that earlier the weekly timeframe price right is that this significant area right previous resistance become support and again let’s say you don’t have any price patterns to edit rate what can you do about it well if you use multiple time frequent balances you can look for break of structure technique so break down to a lower timeframe a factor of five is a daily you’re now looking for a break of structure so you can see that the price keep down lower here and he bounds up that it pulls back where the price breaks above this high what do you have over here higher high at higher low right and on top of it you’re leading against this area of support on the weekly timeframe and on top of it you saw the earlier or the Hyatts I break the weekly dive loop it’s in that overall uptrend right let me show you this overall up trade or the weekly timeframe they have it okay it’s a weekly timeframe this is the daily type free so can you see the significance of this break of structure technique using multiple time frame analysis you don’t have to rely on candlestick patterns right don’t have to rely on price rejections if you understand multiple time frame analysis you can go down to a lower timeframe to better time your entry and also another thing is this or the weekly type rewrite most traders how do trade is late let’s see there’s a higher close over here they will say their stop loss or let’s say below this lows or 180 are below it somewhere here it’s a pretty it’s a pretty decent stop-loss but if you understand multiple time frame analysis you can actually reduce the size of your stops because now your stop loss can be based on the market structure on the lower timeframe let me show you so the daily time frame now where the price broke above this highs you can reference this new swing low to set your stop-loss your stop-loss now is tighter a type of stop-loss offers you a more favorable risk to reward on your trade right this is powerful stuff right it is all because of you understanding multiple time trip analysis okay so with that said right let’s do a quick recap right the board will you want to use multiple time trips in your trading write a dot a factor of four to six to define your high your time free number to remember the stack levels right when there’s a confluence of where the level right is significant also on the higher time frame right that level becomes even more significant right and it has a higher probability of reversal edit area now but read don’t buy when the price is over stretch on the higher time frame where the price is far away from the area of value and number four it should increase your reading rate right trade the break of structure in the direction of the higher time frame trip okay so I hope this helps and if you want a lot more if you enjoy today’s trading right I have this a complimentary trading guide for you go ahead download it is free the ultimate guide to price action trading you’ll learn how to better type your entries and exits which are more support resistance market structure and so much more so click this orange button right and I’ll set it to your email for free and if you’ve enjoyed today’s trading give me a thumbs up 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