Introduction To Multiple Timeframe Analysis – Part 1

What you’ll learn?

1. Focus on trading in the direction of the higher timeframe trend. For swing trading, monitor the monthly, weekly, and daily charts.
2. Start with a top-down analysis from the monthly to weekly to daily timeframes to identify the overall trend direction.
3. Recognize when the asset is making a potential trend shift, such as forming higher lows on the monthly chart after a downtrend.
4. Watch for bullish reversal setups like engulfing candles on the monthly timeframe to signal a potential bottom is forming.
5. Compare the monthly, weekly and daily charts to find confluent bullish signals that the downtrend may be ending.
6. Consider stopping selling and starting to buy when the asset is close to long-term lows and starting to make higher lows on the longer timeframes.
7. Be cautious as a seller and position for the long side when the monthly and weekly charts show bullish reversal signals.
8. Wait for the pattern of lower highs to decisively break on the daily chart before entering new long positions.
9. Focus on capturing the middle 70% of big moves rather than perfectly buying the bottom or selling the top.
10. It’s okay to be a bit contrarian with light size when monthly and weekly show bullish shifts. Then add to positions on daily chart bullish signals

The next video will cover using moving averages and momentum indicators to analyze trends across multiple timeframes

Content Chapters

0:04 Introduction and recap of previous video on candlestick setups
0:59 Trading in the direction of the higher timeframe trend
2:14 Focusing on the daily timeframe for swing trading
3:23 The three sets of timeframes for different trading styles
5:48 Starting with a top-down analysis from monthly to weekly to daily
9:36 Identifying the intermediate-term downtrend on the daily within the long-term monthly uptrend
11:02 Recognizing the potential trend shift on the monthly chart
12:42 Watching for lower highs on the monthly candles during the downtrend
14:17 Identifying bullish setups on the monthly chart signaling a potential bottom
15:25 Comparing the monthly, weekly, and daily charts for confluent signals
17:01 Stopping selling and starting to buy when the asset is close to long-term lows and making higher lows
19:09 Being cautious as a seller and positioning for the long side when the monthly and weekly show bullish signals
20:24 Waiting for the pattern of lower highs to break before entering long positions
21:30 Positioning for the bigger picture trend by buying near the lows of the ranging market
22:05 Current day: Massive long-term breakout with all timeframes aligned bullishly
23:41 Focusing on capturing the middle 70% of the move rather than buying the bottom or selling the top
24:35 Being contrarian with light size when monthly and weekly show bullish signals, then adding on daily signals
25:33 Recap and preview of the next video on using moving averages and indicators for trend analysis