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In our last two articles we referred to different time periods, which in itself is a type of analysis known as Multiple Time Frame Analysis. This.
Trading Time-Frame: Market participants vary in trading style as much as they vary in personality. One aspect of trading is the time-frame used. While there are traders who are more like investors ...
I scalp 90% of my trades, so the higher time frame really does not play too much of a factor for me, but it does add an extra layer of confidence in terms of directional bias.
Because of the tight time frame, the 10-day line can lead to premature shakeouts. So consider waiting until the close of trading before acting on a cross below the line, unless your stock closes 1 ...