DislikedWhen finding confluences for daily chart trades I use the monthly, weekly, and daily time frames to find pivot zones, trend lines, s/r, and fib retraces.
If I would trade off the h1 or h4, do you guys recommend I still use the same time frames to find confluences, or should I focus more on the h1, h4, and daily and ignore the weekly and monthly? Thanks!Ignored
You can look for confluence on the higher TF's, then leave them on the chart and "zoom in" to the action on Four hour. That is personally what I do.
My personal thoughts on it are the confluence on the higher timeframes are stronger, thats what I look for.