Project Freedom (5): Using Multiple Time Frame for Trend Trending.

Despite the fact that High Frequency Trading machines have dominated the US market transaction (more than 80% daily volume) and creates much noise in the chart. Trend trading at a higher time frame is still intact. 

Attached are various charts around the world used to illustrate the Important point of using Multiple Time Frames(MTF) for Trend Trading. 

Any good book on Trend Trading would talk about using MTF to Long or Short the stock.  But, most public trader may not take that into consideration.  It may be troublesome for them to flip through charts on different time frames and thus conveniently forget about doing so. -->"Out of sight, out of mind."

Attach chart shows that the weekly chart and daily chart can be configured to display on the same screen (sync on the last bar), and thus it will help to remind the trader/investor to have a more complete picture when come to making decision.  The upper pane shows the weekly chart, the middle pane shows the daily chart, and the lower pane shows the vibrational energy with respect to the daily chart. (the explaination for reading the chart was in the previous post.)

Take for example, in a very conservative manner...

If one were to consider buy and hold some stocks/ETF...  He need not rush in when the daily chart give a signal.  As for a real trend, it last for weeks to months.  All he need to do is wait till the weekly chart show a green bar (in up trend), and then choose to pyramid upward.  And, strongly recommend NOT TO hold onto it when the weekly trend change state.

Charts speak.

-> Click on charts to ZOOM IN <-

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"When the ship starts to sink, don't pray.  Jump.
......
Long-range plans engender the dangerous belief that

the future is under control.  It is important

never to take your own long-range plans,

or other people's seriously.... 

.......

Shun long-term investments."

- The Zurich Axioms (On Planning)

by Max Gunther

----------------------------------------------Add on 19 Dec 2012---------------------------------------
Another way to look at Multiple-Time-Frames:


There are people like to call themselves Momentum Traders.
There are people like to call themselves Swing Traders.
There are people like to call themselves Trend Traders.

Actually, the highest probabilities and gains are hidden-in where the three windows of opportunities are aligned.