In strat trading, understanding timeframes is crucial to finding profitable trades. A timeframe is the duration during which trading takes place in a financial asset, such as Daily, weekly, and hourly timeframes. The hourly chart will show the trading activity within 60 minutes using candlesticks. Based on the time duration, timeframes are categorized into two … Read more
Introduction It is often said that Trading is the 80% waiting and 20% finding the best opportunities. It means a trader should mostly wait for the best and high probability trade setups. The best trades don’t come around every day. That’s why traders filter out the low-probability trades using confluences and focus only on high-probability … Read more
In trading, one of the most important factors is the timeframe alignment. If you are trading against the high timeframe trends, then the winning ratio of the trading strategy will decrease drastically. So, to get a high winning ratio, we will have to trade in the direction of higher timeframe trends. In the strat trading, … Read more