Combining Daily, Weekly & Monthly Charts for Bigger Profits With Less Risk 👍

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The Importance of Looking at Bigger Patterns on a Higher Timeframe

This is aimed at all types of traders and investors irrespective if you're a day trader or swing trader or long term trader. I am guilty of ignoring the weekly chart as I'm more of a short-term trader. But checking the weekly chart can help keeping you aligned with the overall trend... It helps you look at the bigger picture and the bigger cycle as well as giving you the confidence to hold your trade. So look at bigger patterns on a bigger time frame... The last thing I want to mention is that you can use it as a filter to give you a better opportunity of success.

[ukspreadbetting]

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[tlamax]

You're 100% RIGHT!! Since I started analyzing the weekly and monthly charts, I started winning my trades a LOT more. Seeing the overall trend/support/resistance on weekly/monthly charts gives you confidence to trade lower time frames.

[gianniferrari]

The most honest video. No bull crap. Just straight facts on how banks trade

[shanonmiller]

EXACTLY! The title of this video is literally my trading philosophy! I wouldn't dare trade any other way!

[davidhoward]

Weekly is king, higher risk to reward. I put in one trade one week with a 1:6 - 1:7 maybe the following week I'll look for another trade with around the same risk to reward. Within a month I could be at around a 1:14 RR as compared to Day trading where you will have a far lower win rate and it's going to be insanely hard to hit a 1:14 RR in a month as a Day trader. I promise you will make far more on the weekly.

[wordOneWord]

Bigger the trader, bigger will be time frame.

[bnpatel]

Yup just follow price action set up with trend line in weekly chart

[DidDid]

I look at the monthly chart first, then the weekly, then the daily and down to the 1 minute. I look at my moving averages. I put a trade in on the 1 minute when it turns back on to the trend. I have never lost one trade with this method.

[ronniedavis]

Following the Big energy is 🔑
Thanks

[raymondyendrembam]

Well explained in a very short vedeo but teach a lot thank you bro from the bottom of my heart.

[greenbun]

On that silver bit, you could use that as an opportunity to buy at support and sell at resistance though. I personally use the longer time frames to identify the current trend then used a 10 Day to identify the consolidation or breakout levels, then use the 1 Min-5 Min to find an entry point. But multiple time frames are essential to increasing your success rate! Love your videos, thank you for all the valuable content! 🙏🏼

[Jeremiah]

Learning from and enjoying your videos a lot.Keep it going .Thanks

[uselinkk]

nice topic.. I ahve used this for some time and you only confirmed what my thoughts where... keep up the good work

[ruthaondona]

I like trading from the 1hr chart. If I take your suggestion to analyze the higher time frames for all the advantages you mentioned do I draw support and resistance lines on the weekly? And what about if I want to get a tighter entry like on the 15 or 5 still draw the support and resistance lines on the weekly chart?

[MeThokozani]

Tues 11 Nov 2024.
EURUSD Weekly easily shows bearish signal but i was caught up on H4 . Trump yes won the election but weekly gave a sign of a strong dollar long time ago on W1 candle on 09 Sep 🤦