I think I have a headache because I think of trading so much.
Thinking some more......
I believe major trends, market moves, etc. are based on fundamentals.
What information is out there and what does the bulk of the "big money"
believe price should be.
So, "big money" votes most likely on big timeframes.
Then there are minor trends or trends within the major trends. The players
in here are probably using short term "news" and techincals to make
decisions. They have free reign within the supply and demand levels of
the "big Money".
Then there is micro trends or trends within minor trends. The traders in
this arena have free reign within the major trend players' supply and
demand levels.
Ok maybe oversimplified but it is how I envision what is going on. I did
not believe in trends until I had this vision
If you study hard you can catch when the micro, minor, and major trends
are about to be in confluence and make killer moves.
I think this is what MightyOne has wanted us to SEE.
What do the high timeframes tell you?
How can you enter on the smaller timeframe with low risk and high
potential?
Currently I don't trade like that. I am a scapler(m5,m15), but I have to
look to the future.