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In last week’s article I discussed the way I determine the trend prior
to entering trades in the FX market. While the article was rudimentary
in terms of its approach, it drove the point home. Naturally, the
drawback to that one dimensional approach is that it only dealt with
determining the trend on one time frame. While this style/approach may
suit some traders, I find it more efficient to look at multiple time
frames as a way to potentially increase the odds of success on a trade.
This week, I will build upon the concepts from last week and begin
to demonstrate how looking at one or two additional time frames can be
a useful process. (...)
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