Here’s your complete guide to...🧵

TRADING using MULTIPLE TIMEFRAMES (MTF) 📈

Most of the successful traders use MTF & just by knowing what’s happening in different TFs you increase your chances of winning.

Ok, so how can one use MTF to trade?

Let’s go...

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Rule 1⃣: Define your Trading/Investing Style

You can be a
➡️ Long term investor
➡️ Positional trader
➡️ Swing trader
➡️ Intraday trader

Let's take the example of a Positional trader for this 🧵

Rule 2⃣: Identify the LONG TERM TREND on Monthly charts!

The long term chart helps you identify the long term trend & pivotal points in trend changes

In the below #NEULAND chart, you can see the stock has been in a long term uptrend since 2001.

Rule3⃣: Wait for a BUY SIGNAL on the Weekly chart!

In this chart once you get a buy signal on CCI and RS, take a look at the chart and you will observe the change in trend and breakout.

Now you know this is probably a resumption of the long term trend that started in 2001.

Rule 4⃣: Now it is time to hit that 'BUY' button.

But how to IDENTIFY THE ENTRY POINT?

Switch to the 'Daily' chart & buy either on

➡️Retest of breakout zone
➡️Or on the breakout after a short consolidation after 3-5 days