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DrSeuss

14,059 Posts.

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22/03/15

17:59

Post #: 14958234
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Originally posted by mitta ↑

thanks fumoy, for my liking the hourly is way too big a timeframe to be day trading with, but of course it can be if used with several smaller confirming TF's. .. depending on what stock and what is happening at the time, my preferred would be like - 2,7,12,20min ...... do you use multiple timeframes when trading as that will certainly be an aide (or must)

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That's a great description of timeframe use @mitta. I do like the 30 min to analyze say the past couple of weeks of data to provide a status check. I used it further up for MBN which showed the shortening of the upward thrust which can be missed on a daily.
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