what the timeframe and reference timeframe
Topic: what the timeframe and reference timeframe
know what the timeframe and reference timeframe
The timeframe results in the time unit. This is not a complex concept but in trading you must know how to use it wisely timeframes. In concrete terms, when you analyze a chart daily, meaning that each point is closing at the end of the day, you use a daily timeframe.
In addition to the definitions in this chapter we will learn to use the timeframes as a weapon and not a burden. As insignificant as it may seem, because the timeframe yet the loss of many traders. Be aware of how many units of time we have to analyze the course, judge the importance of each suit its trading ..