You need to decide what time frames you want to trade if you are...

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    You need to decide what time frames you want to trade if you are sitting watching the computer all day then you can use the short term time scale charts the 9 & 21 EMA,s on all those time scales I mentioned have already given sell signals or short entries .

    The 5 minute chart will turn first and the hour chart will turn last but remember the shorter the time frame the more susceptible to whipsawing you become. If you are an investor then the day chart is the one to use its obviously all about managing risk and preserving capital.

    As tempting as it is to try and pick bottoms and tops its impossible to consistently do it , using T/A is all about capturing a nice portion of the uptrends and avoiding the bulk of the downtrends . A later entry to a trade is generally less risky than getting in too early on a trend change as you have seen with BET that just keeps giving head fake false entries.
 
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