Re: Forex mein sabse jaruri chij kya hai
We then looked at the different time frames available for the strategy trader. I
noted that most people instinctively trade daily charts. However, the successful
strategy trader looks at the time frames that will maximize profits, not necessarily
those that are most convenient. We compared the same strategy on the same data
on both a daily chart and a weekly chart, and found that in this case the weekly
results were much better than the daily. While this won’t be the case for every
strategy in every market, it makes the point that using weekly charts is something
you should at least consider.
We then turned to intra-day charts. I hoped to show you that the same issue exists
for intra-day charts. Are there markets and strategies that would be improved by
using intra-day charts rather than daily? We found at least one instance where this
was true, using my concept of range leaders for an S&P strategy.
We then looked at the different time frames available for the strategy trader. I
noted that most people instinctively trade daily charts. However, the successful
strategy trader looks at the time frames that will maximize profits, not necessarily
those that are most convenient. We compared the same strategy on the same data
on both a daily chart and a weekly chart, and found that in this case the weekly
results were much better than the daily. While this won’t be the case for every
strategy in every market, it makes the point that using weekly charts is something
you should at least consider.
We then turned to intra-day charts. I hoped to show you that the same issue exists
for intra-day charts. Are there markets and strategies that would be improved by
using intra-day charts rather than daily? We found at least one instance where this
was true, using my concept of range leaders for an S&P strategy.
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