Captain_Walker

AUDUSD: This could get serious

FX:AUDUSD   Australian Dollar / U.S. Dollar
Some never look higher. I always look higher.

I've fond that in general the higher time frames behave differently than those below 15 min, in terms of volatility .

The 3D and above time frames (like the weekly) are macroeconomic time frames. They tend to be slow and not as choppy as say 15 min time frame.

When stuff happens on large time frames, expect trouble on the lower time frames which they tend to rule over.

Large time frames are useful because they can give a steer on where 15 min to 1 hour price movements get into difficulty. Have you ever wondered why price just stops and reverses at some weird point? That's becuz the big boys know what they're doing.


FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus https://youtu.be/NjTdvALChwk ]