Multi-timeframe analysis

Wednesday, July 5, 2023

beginner income

t f B! P L

 When you start trading, you can select the following time axis on the chart screen.

  • 1 minute bars
  • 5-minutes bars
  • 10-minutes bars
  • 15-minutes bars
  • 30-minutes bars
  • 1-hour bars
  • 4-hours bars
  • Daily bars

In terms of waves, the longer this time is, the stronger waves you can perceive.


For this reason, even if you confirm one wave in the Elliott wave, it is important to check once what kind of state it is on the higher time axis.


In addition, time frames such as 1-minute bars are more deceiving and require less time to prepare, so start with 15-minute bars or longer.

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A 40-year-old office worker living in Japan. While searching for a way to live in Japan, where taxes and prices are rising, he encounters FX. Before the Lehman Brothers shock, the yen tended to depreciate and he could easily earn money, but he lost all his investment due to the Lehman Brothers shock. Since then, I'm focused on how to survive and make money rather than win or lose.

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