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Trading Using Multiple Time Frames
Why do we need to Trade Using Multiple Timeframes? To
improve the efficiency of our trading strategy. We see the major
Trend using a higher time frame than what we intend to use & a
lower Time frame to enter a trade. Say we want to trade using
the Daily Charts. We take the Weekly charts to see the major
trend. Suppose it's an uptrend in a Weekly chart. We will tend
to trade only long...
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About the Author
Eugenijus Sakalauskas
eusak@takas.lt
Lithuania
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Seven Deadly Trading Mistakes - Part Two
In part one of this series, we looked at the problem of continually switching trading strategies in the hope of finding something better, and why that can never bring us long-term success in our trading.
In this second article, I'm going to talk about a closely related problem many traders suffer from - a lack of planning.
Mistake Number Two - Not Having a Trading Plan
"If you fail to plan,...
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