On Dow Theory, we understand that price movement is not a straight line movement.
Subsequently as explained by Elliott Wave theory, price movement follows a fractal movement.
When trading forex, new traders are oftened confused and dis-oriented by multiple timeframe – one timeframe says up, another says down at the same time.
The best way to define trend is to use Highs and Lows.
As stated in Tflow® training, traders will learn how to manage multiple timeframe and to trade in any timeframe according to their profile.
In a major trend, there will be sub-trend (or sub-waves)
Very important, we will answer ‘What are you supposed to do now?’ ‘If you are a swing trader, do you short/long here or wait for a best zone”.
Many times, you will find that you are right eventually, but was stopped out now. We call that attrition. Don’t be stopped by noises. To prevent being stopped out unnecessary, the best way is to be able to predict future prices like we do with Advance Fibonacci and Tflow® Strategy
