Thursday, June 14, 2007

Favorite TF

Raja: dhiraj sood: sir not clear which time frame u feel easy for day trading
dhiraj sood: 10.20 .30 hourly
Raja:
dhiraj sood: ji
Raja: start with weekly divide by 5 into infinity
i get this question a lot....
this is basic elder/fractal market theory
Raja: once again, favorite tf?
start with weekly, divide by 5 into infinity
got it??
Raja: 1 week, 1/5 week=1 day , 1/5th day=65-70 mins, 1/25th day..............13-15 mins....
and u can go as low as u want as long as you RESPECT the higher tf trend
because the higher tf is the 'baap/father/parent' of the smaller tf.
it owns the smaller tf

The child can try to rebel but usually gets disciplined at certain areas :)
Read Alexander Elder...

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