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TECHNICAL TRADING STRATEGIES

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TECHNICAL TRADING STRATEGIES MULTIPLE TIME FRAME ANALYSIS ____________________________________________________________ In order to trade successfully on an intraday basis, it is important to be selective. Trend trading is one of the most popular strategies employed by global macro hedge funds. Although there are many traders who prefer to range trade, the big profit potentials tend to lie in trades that capture and participate in big market movements. It was once said by Mark Boucher, a hedge fund manager of Midas Trust Fund and a former number one money manager as ranked by Nelson MarketPlace’s World’s Best Money Managers, that 70 percent of a market’s moves occurs 20 percent of the time. This makes multiple time frame analysis particularly important because no trader wants to lose sight of the overall big picture. A great comparison is taking a road trip from Chicago to Florida. There are certainly going to be a lot of left and right turns during the road trip,