Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Soultrader

[Market Analysis with Multiple Timeframes]

Recommended Posts

This is a video using multiple timeframes for market analysis as requested in the forums. It's a very brief analysis to try to point out some examples of how I use multiple timeframes to identify price levels.

 

CLICK HERE TO VIEW VIDEO

 

Charts created by Tradestation

Presented by Traders Laboratory

 

Note: I accidently made the width and height super big.

Share this post


Link to post
Share on other sites

Dear friends

 

I've been trying to view this video since yesrerday but have been getting this message:

 

 

"The Camtasia Studio video content presented here requires JavaScript to be enabled and the latest version of the Macromedia Flash Player. If you are you using a browser with JavaScript disabled please enable it now. Otherwise, please update your version of the free Flash Player by downloading here. "

 

I've tried enabling the Javascript and also downloaded the Flash Player but I'm still getting this message.

 

I've viewed the other videos and they were fine.

 

Does anyone else have this problem?

 

Regards

JLOW

Share this post


Link to post
Share on other sites

Soultrader

 

Thank you. I've watched it and it helps. Because I'm such a novice, I'm not picking up the nuances in this. I'll investigate more on pivots to get some background info.

 

If you know of any systematic source I can get to, it will certainly help me considerably.

 

Once again...thanks a million.

 

JLOW

Share this post


Link to post
Share on other sites

Hi JLOW,

 

You might want to pick up a few good trading books to get the basics done. A good book on pivot points is A Complete Guide To Technical Trading Tactics: How To Profit Using Pivot Points, Candlesticks, and Other Indicators.. written by John Person.

Share this post


Link to post
Share on other sites

Nice video, thanks. I like how you use the daily for levels rather than trend identification. For me, if I determine the daily trend is up, then it would be hard to take short trades on a lower timeframe. Which is why I don't attempt to define the longer term trend.

 

It is good, however, to step back and see the forest every now and then.

Share this post


Link to post
Share on other sites

From R Krausz's work i use his set of rules regards to multi time frames . his software Fibonaccitrader is geared to use multi time frames . may be of use to some . on his site is a set of journals that may also be useful

 

 

LAWS OF MULTIPLE TIME FRAMES

 

1. Every time frame has its own structure.

 

2. The higher time frames overrule the lower time frames.

 

3. Prices in the lower time frame structure tend to respect the energy points of the higher time frame structure.

 

4. The energy points of support/resistance created by the higher time frame's vibration (prices) can be validated by the action of lower time periods.

 

5. The trend created by the next time period enables us to define the tradable trend.

 

6. What appears to be chaos in one time period can be order in another time period

Share this post


Link to post
Share on other sites
Soultrader,

 

Concerning John Person's book, did you find it beneficial and are you using any of his indicators or systems that the book discusses?

 

thx,

 

I found his use of candles and pivots extremely useful. Other than that, I dont use any of his indicator of system. I wasnt aware he had any.

Share this post


Link to post
Share on other sites

Hi Soultrader,

 

Would it be possible if you can repost this Video, as it looks like it is not on the server.

 

I am getting Error 404 on both links.

 

Let me know.

 

Regards

 

Szymon

Share this post


Link to post
Share on other sites
From R Krausz's work i use his set of rules regards to multi time frames . his software Fibonaccitrader is geared to use multi time frames . may be of use to some . on his site is a set of journals that may also be useful

 

Interesting you should mention Krausz. He was a student of the Canadian trader Charles Drummond. It was Drummond that 'turned him on' to multiple time frame stuff. Personally I think Charlie is one of the trading greats with some remarkably unique perspectives on the market. His treatment of multiple time frames is the most comprehensive I have come across by a mile.

 

I'm somewhat loath to unreservedly recommend his stuff, it takes most people a long long time and lots of study to 'get it'. There are certainly far simpler ways to trade profitably. Just thought I'd mention his work for those interested in multiple time frames.

Share this post


Link to post
Share on other sites
Thank's for the video, very interesting.

Where can I find Market Profile Indicator you use ?

 

It used to be available here for free but it has expired and no longer available. You will need to use a third party vendor for it.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • AMZN Amazon stock, nice buying at the 187.26 triple+ support area at https://stockconsultant.com/?AMZN
    • DELL Dell Technologies stock, good day moving higher off the 90.99 double support area, from Stocks to Watch at https://stockconsultant.com/?DELL
    • MCK Mckesson stock, nice trend and continuation breakout at https://stockconsultant.com/?MCK
    • lmfx just officially launched their own LMGX token, Im planning to grab a couple of hundred and maybe have the option to stake them. 
    • Date: 2nd April 2025.   Market on Edge: Tariff Announcement and Volatility Ahead!   The US economic and employment data continues to deteriorate with the job vacancies figures dropping to a 5-month low. In addition to this, the IMS Manufacturing PMI also fell below expectations. However, both the US Dollar and Gold declined simultaneously following the release of the two figures, an uncommon occurrence in the market. Traders expect a key factor to be today’s ‘liberation day’ where the US will impose tariffs on imports. USDJPY - Traders Await Tariff Confirmation! Traders looking to determine how the USDJPY will look today will find it difficult to determine until the US confirms its tariff plan. Today is the day when Trump previously stated he would finalize and announce his tariff plan. The administration has not yet released the policy, but investors expect it to be the most expansionary in a century. President Trump is due to speak at 20:00 GMT. On HFM's Calendar the speech is stated as "US Liberation Day Tariff Announcement". Currently, analysts are expecting Trump’s Tariff Plan to impose tariffs on the EU, chips and pharmaceuticals later today as well as reciprocal tariffs. Economists have a good idea of how these tariffs may take effect, but reciprocal tariffs are still unspecified. In addition to this, 25% tariffs on the car industry will start tomorrow. The tariffs on the foreign cars industry are a factor which will particularly impact Japan. Although, traders should note that this is what is expected and is not yet finalised. Last week, President Trump stated that he would implement retaliatory tariffs but allow exemptions for certain US trade partners. Treasury Secretary Mr Bessent and National Economic Council Director Mr Hassett suggested that the restrictions would primarily target 15 countries responsible for the bulk of the US trade deficit. However, yesterday, Trump contradicted these statements, asserting that additional duties would be imposed on any country that has implemented similar measures against US products. The day’s volatility will depend on which route the US administration takes. The harshness of the policy will influence both the Japanese Yen as well as the US Dollar.   USDJPY 5-Minute Chart   US Economic and Employment Data The JOLT Job Vacancies figure fell below expectations and is lower than the previous month’s figure. The JOLT Job Vacancies read 7.57 million whereas the average of the past 6 months is 7.78 million. The ISM Manufacturing Index also fell below the key level of 50.00 and was 5 points lower than what analysts were expecting. The data is negative for the US Dollar, particularly as the latest release applies more pressure on the Federal Reserve to cut interest rates. However, this is unlikely to happen if the trade policy ignites higher and stickier inflation. In the Bank of Japan’s Governor's latest speech, Mr Ueda said that the tariffs are likely to trigger higher inflation. USDJPY Technical Analysis Currently, the Japanese Yen Index is the worst performing of the day while the US Dollar Index is more or less unchanged. However, this is something traders will continue to monitor as the EU session starts. In the 2-hour timeframe, the USDJPY is trading at the neutral level below the 75-bar EMA and 100-bar SMA. The RSI and MACD is also at the neutral level meaning traders should be open to price movements in either direction. On the smaller timeframes, such as the 5-minute timeframe, there is a slight bias towards a bullish outcome. However, this is only likely if the latest bearish swing does not drop below the 200-Bar SMA.     The key resistant level can be seen at 150.262 and the support level at 149.115. Breakout levels are at 149.988 and 149.674. Key Takeaway Points: Job vacancies hit a five-month low, and the ISM Manufacturing PMI missed expectations, adding pressure on the Federal Reserve regarding interest rate decisions. Traders await confirmation on Trump’s tariff policy, which is expected to impact the EU, chips, pharmaceuticals, and foreign car industries. The severity of the tariffs will influence both the JPY and the USD, with traders waiting for final policy details. The Japanese Yen Index is the worst index of the day while the US Dollar Index is unchanged. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.