Sunday, January 23, 2011

Why?
the answer is simple.
1. I don't have much time to get into much lower time frame to trade.
2. I found consistency in doing trade on longer time frame although the stop loss is little bit BIG (i maintained 3-4% risk per trade).
3. I can write something on price prediction much easier using weekly chart - once a week is enough. hehee...
4. I gain money by trading using daily / weekly chart.
5. Monthly chart is considered too long for me to wait.
6. Weekly - 50 trade. Monthly - 12 trade. The number and volume count itself. Out of 50, you might get 30-40 correct trade. The juicy one.

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