franck wrote:I am not sure why i am not able to upload the 2nd pic (after 7 attempts). In the second pic i have added higher timeframe boxes only. Anyway, i will try upload again later. Here are the steps
1) XY in MULTIPLE timeframe
2) Equilibrium line
Think about where it starts. Trading is almost all about trading a line - Where do u draw your line? Where is the best line? You just need one line to begin with.
Afterwhich, one can think about where the others are drawing their line? in a zero sum game, what is the importance of my line and the other person's line from the beginning?
The best line is your line.
The best analysis is that which you understand.
The best question is WHY has this happened and what does this mean?
The best time frame is that which the market selects.
To take advantage of your opponent you need only understand how he generally thinks.
Just like in poker when you put you opponent on a range of hands based on his personality and previous play.
You look for questions via analysis but find the answers within yourself.