Sunday, October 12, 2008

Increase Your Odds with Multiple Time Frame Analysis

Increase Your Odds with Multiple Time Frame Analysis
by: Brian Shannon

Two or more time frames are better than one when it comes to technical analysis. Here’s how to make the most of time frames.

We have all heard the market cliché “the trend is your friend” and for good reason. Making big money in the markets is accomplished by entering a position at the onset of a new trend and then having the patience to hold the position long enough to allow the profit to accumulate into a large winner. Participation in a long-term trend is the dream of every investor. To have a huge winner that we believed in and held well beyond the point where most participants would have been shaken out on a short- term pullbacks is what allows successful investors to reap large gains.



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