[Soultrader]

This is a video using multiple timeframes for market analysis as requested in the forums. It's a very brief analysis to try to point out some examples of how I use multiple timeframes to identify price levels.

CLICK HERE TO VIEW VIDEO

Charts created by tradestation
Presented by Traders Laboratory

Note: I accidently made the width and height super big.

[JLOW]

Dear friends

I've been trying to view this video since yesrerday but have been getting this message:


"The Camtasia Studio video content presented here requires JavaScript to be enabled and the latest version of the Macromedia Flash Player. If you are you using a browser with JavaScript disabled please enable it now. Otherwise, please update your version of the free Flash Player by downloading here. "

I've tried enabling the Javascript and also downloaded the Flash Player but I'm still getting this message.

I've viewed the other videos and they were fine.

Does anyone else have this problem?

Regards
JLOW

[Soultrader]

Hi JLOW,

Try this link instead:

http://www.traderslaboratory.com/Vid...Timeframes.swf

[JLOW]

Soultrader

Thank you. I've watched it and it helps. Because I'm such a novice, I'm not picking up the nuances in this. I'll investigate more on pivots to get some background info.

If you know of any systematic source I can get to, it will certainly help me considerably.

Once again...thanks a million.

JLOW

[Soultrader]

Hi JLOW,

You might want to pick up a few good trading books to get the basics done. A good book on pivot points is A Complete Guide To Technical Trading Tactics: How To Profit Using Pivot Points, Candlesticks, and Other Indicators.. written by John Person.

[Anonymous]

Nice video, thanks. I like how you use the daily for levels rather than trend identification. For me, if I determine the daily trend is up, then it would be hard to take short trades on a lower timeframe. Which is why I don't attempt to define the longer term trend.

It is good, however, to step back and see the forest every now and then.

[chart]

From R Krausz's work i use his set of rules regards to multi time frames . his software Fibonaccitrader is geared to use multi time frames . may be of use to some . on his site is a set of journals that may also be useful


LAWS OF MULTIPLE TIME FRAMES

1. Every time frame has its own structure.

2. The higher time frames overrule the lower time frames.

3. Prices in the lower time frame structure tend to respect the energy points of the higher time frame structure.

4. The energy points of support/resistance created by the higher time frame's vibration (prices) can be validated by the action of lower time periods.

5. The trend created by the next time period enables us to define the tradable trend.

6. What appears to be chaos in one time period can be order in another time period

[Freddie]

Soultrader,

Concerning John Person's book, did you find it beneficial and are you using any of his indicators or systems that the book discusses?

thx,