Commodities Trading Blog: Trading Plan: Using Targets from other Timeframes

Saturday, February 6, 2010

Trading Plan: Using Targets from other Timeframes

Entries should be used on the lowest timeframe (15 min or 30 min chart) but targets if the trend is strong should be used from the highest timeframe (ideally the daily or 120 min chart)

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The legal bit

Risk Disclaimer and Disclosure Statement

Trade at your own risk. The information provided here is for Education only and is of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action.

By reading this Blog, you acknowledge and accept that all trading decisions are your own sole responsibility, and I cannot be held responsible for any losses that are incurred as a result.

There is risk of loss in trading and investing. All trade decisions are your own sole responsibility.