Multiple timeframes is another means of getting better market clarity

[pawanjain]

As for the timeframes, I mostly stick to 3 timeframes 1D, 1H and 15m which are ideal for me right now.

I must say that this is a very good combination. If one would want to use very large time frames like 1Y, 1M and even 1W, there are other sets of timeframes that work best with them, and the same thing goes for the combining in which the highest timeframe is 1D like yours.

In 3 combinations, I love settings like (1Y, 1M and 1W), (1W, 1D and 4H) and (1D, 1H and 15m) which is yours.

Did you just say 1Y. That must be really huge. I have never went past 1M which I rarely read.
For me it has mostly been 1W for the highest time frame and it gives me enough data to analyze the trend.
What do you generally read when you are looking at 1M and 1Y ?

[Cryptomultiplier]

I strongly agree with you OP. As it is even said that 'two good heads, (but in this case, time frame), is better than one'.
There used to be a popular music icon of the name D'banj, who often was seen wearing two different time piece on both of his wrist. When asked during an interview the reason behind this mentality, he said he did it so he could tell the different time zones in order not to miss his schedule which involves business with international clients from Paris, UK, China.

While that helped him maintain a cluster free schedule and he is able to fulfil his duties and be early for his appointments, there's no saying why this strategy for getting better market clarity won't work like magic for any tier of trader who is all about making profit and taking advantage of opportunities.

[EarnOnVictor]

For example it can give clear idea if Bitcoin stood its resistance when FTX collapse was happening or if China declared no bitcoin country etc etc. This is just example but such analysis can be done easily. On the other front it is easy to understand the pattern of specific coin, it’s volume, it’s growth and declining nature etc. This is the reason multiple time frames should be done.

I guess the FTX and China analysis is funny to me even though I understand the point you were making there but however, it is still difficult to see that through the chart except it is a fresh chart, probably the same day they happened. But if it is a long time ago, it may not be easy to know except you are specifically checking for that which may be of no use on the long run because that incident is not repeating itself again. But it is right to use different time frame for trade, it gives more direction for trend.

I understand you quite well, but the scope is not directly knowing the China and FTX issues via the chart but knowing the effect of their action and issues respectively on the chart. In other words, the chart allows traders to know the winning bias/sentiment in the market regardless if it's caused by news or not, the chart will always pick it. So, both of you are right.

As for the timeframes, I mostly stick to 3 timeframes 1D, 1H and 15m which are ideal for me right now.

I must say that this is a very good combination. If one would want to use very large time frames like 1Y, 1M and even 1W, there are other sets of timeframes that work best with them, and the same thing goes for the combining in which the highest timeframe is 1D like yours.

In 3 combinations, I love settings like (1Y, 1M and 1W), (1W, 1D and 4H) and (1D, 1H and 15m) which is yours.

Did you just say 1Y. That must be really huge. I have never went past 1M which I rarely read.
For me it has mostly been 1W for the highest time frame and it gives me enough data to analyze the trend.
What do you generally read when you are looking at 1M and 1Y ?

The point is that I generalised the combo, not that I use the 1Y, but I often see it on some trading platforms despite being absent in many others. Basically, there is no need for retail traders like us to be using the 1Y chart, it's widely used by institutional traders, especially for trading stocks, bonds and many others. They could hold their positions for several months and years which makes it useful for them.

[Natalim]

As for the timeframes, I mostly stick to 3 timeframes 1D, 1H and 15m which are ideal for me right now.

I must say that this is a very good combination. If one would want to use very large time frames like 1Y, 1M and even 1W, there are other sets of timeframes that work best with them, and the same thing goes for the combining in which the highest timeframe is 1D like yours.

In 3 combinations, I love settings like (1Y, 1M and 1W), (1W, 1D and 4H) and (1D, 1H and 15m) which is yours.

Did you just say 1Y. That must be really huge. I have never went past 1M which I rarely read.
For me it has mostly been 1W for the highest time frame and it gives me enough data to analyze the trend.
What do you generally read when you are looking at 1M and 1Y ?

I've preferred to use a short time frame 1H, 1D, 1 week. Because in trading, we often take advantage of every up and down which only takes just a few minutes but of course, we also have to look at what happened a month before just to know that we are not buying at the inclining trend. Perhaps we can use them all if we have enough time to spend in the market and it was encouraging but yes, it will depend on where you think you are confident. And I would say that it was best to focus on the time frame that you usually used and if it was effective.

[Kimonoe]

As for the timeframes, I mostly stick to 3 timeframes 1D, 1H and 15m which are ideal for me right now.

I must say that this is a very good combination. If one would want to use very large time frames like 1Y, 1M and even 1W, there are other sets of timeframes that work best with them, and the same thing goes for the combining in which the highest timeframe is 1D like yours.

In 3 combinations, I love settings like (1Y, 1M and 1W), (1W, 1D and 4H) and (1D, 1H and 15m) which is yours.

Did you just say 1Y. That must be really huge. I have never went past 1M which I rarely read.
For me it has mostly been 1W for the highest time frame and it gives me enough data to analyze the trend.
What do you generally read when you are looking at 1M and 1Y ?

I've preferred to use a short time frame 1H, 1D, 1 week. Because in trading, we often take advantage of every up and down which only takes just a few minutes but of course, we also have to look at what happened a month before just to know that we are not buying at the inclining trend. Perhaps we can use them all if we have enough time to spend in the market and it was encouraging but yes, it will depend on where you think you are confident. And I would say that it was best to focus on the time frame that you usually used and if it was effective.

In my opinion, daily trading is more inclined to small time frames, and larger time frames are used as a reference for analyzing longer markets. I usually watch the trend from the larger time frame and place transactions on the smaller time frame. the smaller the time frame used, the more support and resistance areas will be visible, and we can use it to trade with faster market reactions in the visible support and resistance areas. if we analyze on a large time frame, the price reaction will take longer, even though our goal is for short-term, or daily trading

[omgitsmehehe]

In my opinion, daily trading is more inclined to small time frames, and larger time frames are used as a reference for analyzing longer markets. I usually watch the trend from the larger time frame and place transactions on the smaller time frame. the smaller the time frame used, the more support and resistance areas will be visible, and we can use it to trade with faster market reactions in the visible support and resistance areas. if we analyze on a large time frame, the price reaction will take longer, even though our goal is for short-term, or daily trading

Trading in the bull and bear seasons can become difficult; we simply require to comprehend the market's concepts and price action; this will at the very least facilitate our trading journey. We are acquainted with trading strategies, alongside the support and resistance zone becomes obvious with these smaller views and advantageous trading intervals. I prefer shorter time frames because I am an experienced scalper in the market; trading daily will result in more stress. Despite bigger time frames, we can see the chart perfectly, and the market is turbulent at all times.

[goaldigger]

In my opinion, daily trading is more inclined to small time frames, and larger time frames are used as a reference for analyzing longer markets. I usually watch the trend from the larger time frame and place transactions on the smaller time frame. the smaller the time frame used, the more support and resistance areas will be visible, and we can use it to trade with faster market reactions in the visible support and resistance areas. if we analyze on a large time frame, the price reaction will take longer, even though our goal is for short-term, or daily trading

Trading in the bull and bear seasons can become difficult; we simply require to comprehend the market's concepts and price action; this will at the very least facilitate our trading journey. We are acquainted with trading strategies, alongside the support and resistance zone becomes obvious with these smaller views and advantageous trading intervals. I prefer shorter time frames because I am an experienced scalper in the market; trading daily will result in more stress. Despite bigger time frames, we can see the chart perfectly, and the market is turbulent at all times.

You have to use different time frame, different indicators to know when to buy and sell and see your current position, there’s no wrong on doing this and you can become more effective trader if you have this trading strategy since the market can’t be ok in just one time frame or indicator, expect for a trader to use multiple strategy. This is trading and you are looking for the best combination, day trader are often looks at a shorter time frame.

[Hypnosis00]

In my opinion, daily trading is more inclined to small time frames, and larger time frames are used as a reference for analyzing longer markets. I usually watch the trend from the larger time frame and place transactions on the smaller time frame. the smaller the time frame used, the more support and resistance areas will be visible, and we can use it to trade with faster market reactions in the visible support and resistance areas. if we analyze on a large time frame, the price reaction will take longer, even though our goal is for short-term, or daily trading

Trading in the bull and bear seasons can become difficult; we simply require to comprehend the market's concepts and price action; this will at the very least facilitate our trading journey. We are acquainted with trading strategies, alongside the support and resistance zone becomes obvious with these smaller views and advantageous trading intervals. I prefer shorter time frames because I am an experienced scalper in the market; trading daily will result in more stress. Despite bigger time frames, we can see the chart perfectly, and the market is turbulent at all times.

You have to use different time frame, different indicators to know when to buy and sell and see your current position, there’s no wrong on doing this and you can become more effective trader if you have this trading strategy since the market can’t be ok in just one time frame or indicator, expect for a trader to use multiple strategy. This is trading and you are looking for the best combination, day trader are often looks at a shorter time frame.

These time frames are available because they are very helpful when doing analysis. I indeed use short and long time frames just to picture what really happens on this particular project as we can't just rely on what happened today or this week but also, we consider what happened several months ago. Yes, the use of multiple timeframes makes us clearly understand their situation and it was easy for us to decide whether we have to buy this or not based on their previous performances.

[Bushdark]

In my opinion, daily trading is more inclined to small time frames, and larger time frames are used as a reference for analyzing longer markets. I usually watch the trend from the larger time frame and place transactions on the smaller time frame. the smaller the time frame used, the more support and resistance areas will be visible, and we can use it to trade with faster market reactions in the visible support and resistance areas. if we analyze on a large time frame, the price reaction will take longer, even though our goal is for short-term, or daily trading

Trading in the bull and bear seasons can become difficult; we simply require to comprehend the market's concepts and price action; this will at the very least facilitate our trading journey. We are acquainted with trading strategies, alongside the support and resistance zone becomes obvious with these smaller views and advantageous trading intervals. I prefer shorter time frames because I am an experienced scalper in the market; trading daily will result in more stress. Despite bigger time frames, we can see the chart perfectly, and the market is turbulent at all times.

No matter what we are trading in the market, we need to understand the importance of multiple timeframe to add to our knowledge because if we know how to use multiple timeframe very well, we shall understand how to relate the smaller timeframe to the bigger timefrsme to get a particular results. The market is going to be bull in months coming and we need to make sure that we develop our skills in trading so that we can earn more from the market when the bull comes and the cryptocurrency market becomes more volatile.

[EarnOnVictor]

As for the timeframes, I mostly stick to 3 timeframes 1D, 1H and 15m which are ideal for me right now.

I must say that this is a very good combination. If one would want to use very large time frames like 1Y, 1M and even 1W, there are other sets of timeframes that work best with them, and the same thing goes for the combining in which the highest timeframe is 1D like yours.

In 3 combinations, I love settings like (1Y, 1M and 1W), (1W, 1D and 4H) and (1D, 1H and 15m) which is yours.

Did you just say 1Y. That must be really huge. I have never went past 1M which I rarely read.
For me it has mostly been 1W for the highest time frame and it gives me enough data to analyze the trend.
What do you generally read when you are looking at 1M and 1Y ?

I've preferred to use a short time frame 1H, 1D, 1 week.

This is a very good combo also so long as you know how you use it accurately. And if I were you, the 1H would be primarily for my defence to know where earliest to place a reasonable stop loss. Aside from that, it doesn't connect well in my understanding for omitting 4H for 1H despite considering 1W and 1D.

In my opinion, daily trading is more inclined to small time frames, and larger time frames are used as a reference for analyzing longer markets. I usually watch the trend from the larger time frame and place transactions on the smaller time frame. the smaller the time frame used, the more support and resistance areas will be visible, and we can use it to trade with faster market reactions in the visible support and resistance areas. if we analyze on a large time frame, the price reaction will take longer, even though our goal is for short-term, or daily trading

Trading in the bull and bear seasons can become difficult; we simply require to comprehend the market's concepts and price action; this will at the very least facilitate our trading journey. We are acquainted with trading strategies, alongside the support and resistance zone becomes obvious with these smaller views and advantageous trading intervals. I prefer shorter time frames because I am an experienced scalper in the market; trading daily will result in more stress. Despite bigger time frames, we can see the chart perfectly, and the market is turbulent at all times.

You have to use different time frame, different indicators to know when to buy and sell and see your current position, there’s no wrong on doing this and you can become more effective trader if you have this trading strategy since the market can’t be ok in just one time frame or indicator, expect for a trader to use multiple strategy. This is trading and you are looking for the best combination, day trader are often looks at a shorter time frame.

These time frames are available because they are very helpful when doing analysis. I indeed use short and long time frames just to picture what really happens on this particular project as we can't just rely on what happened today or this week but also, we consider what happened several months ago. Yes, the use of multiple timeframes makes us clearly understand their situation and it was easy for us to decide whether we have to buy this or not based on their previous performances.

I must say you understand this scope very well, using the different time frames helps better in understanding the true sentiment of the market at that time. Not like what a single timeframe might be doing. For example, what 1H tells you might not be the true sentiment of the market at the time, it might only be a mere correction, and this often makes traders lose easily. And those who are smart to use multiple timeframes would detect this and wait until the 1H would align back to the trend before they pull the trigger.

[tygeade]

It's never a bad saying that "two are better than one," and most times in trading, 'multiple' could even be better, if not the best.

I strongly believe in this you say, we need to have a multiple of data to compare from each other in other for us to arrived well at the desired destination having better results to proof for it, there are times whereby we will need to sit and make comparisons form what we are having at present to what we already have in times past, this also lies in our individual abilities and how we are able to relate information together to arrived on same outcome using different time frames in both the present and past events with their respective months altogether.

I agree with it as well, multiple time frames that contradict each other would be a trouble and could allow you to stay away from it, whereas if you are careful about what you are doing then you could make a profit with multiple of them showing the same thing to you.

That would mean that you are on the right path and you could make some profit with it. I am not saying that you should be making a big profit right away, that's not how it works and you are going to end up with a different situation, but at the end of the day we are going to end up with a great return and that should be a bit more different. I believe that we are going to end up with a situation where people would make profit based on what you could be seen everywhere.