The stock didn't just move; it trended. Because he understood the alignment of time, he didn't panic during the minor pullbacks. He knew the "big brother" (the daily trend) was protecting his position. By the closing bell, Alex hadn't just made a profit—he had gained a process.
Once buyers have gained control of a stock and a pattern of higher highs and higher lows has been established, the path of least resistance is higher. This is the bull market. In this stage, traders should focus on the long side, participating as price expands higher. The stock didn't just move; it trended
By analyzing multiple time frames, traders can gain a more nuanced understanding of market trends, including: By the closing bell, Alex hadn't just made
Defined by higher highs and higher lows (HH/HL) or lower highs and lower lows (LH/LL). Structure: Identification of support and resistance levels. In this stage, traders should focus on the
The goal is to trade in the . If the weekly and daily charts show a strong uptrend (a series of higher highs and higher lows), a trader will only look for buy signals on the lower timeframes. This significantly reduces the risk of trading against the market's primary force.