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KarYong
Sep 6, 2017 10:31 AM

Practical Exercise - Understanding Fractal Nature Education

Euro Fx/U.S. DollarFXCM

Description

Market develops in FRACTALS.

Understanding how each timeframe is developing is important in timing our trade entries. When we decide to take any trade, we now have a better understanding and expectation of our trades.

Practical Exercise

1) Find an example where the two timeframes' bias are aligned.

2) Find another example where the two timeframes' bias are NOT aligned.

3) Keep trade of how these two examples develop.
Comments
souperdv
A definition of "directional bias" would be helpful as well. Most of us "don't know what we don't know" here.
KarYong
@souperdv, the previous few educational post we shared about how to define our directional bias :) you can refer to them
Maha007
unable to understand this lesson, pls explain
KarYong
@Maha007, this is about multi time frame analysis, the importance of understanding the fractal nature of the market
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