At Master Trader, moving averages are used as "Visual Aids" to speed our analysis. Distance, Slope and Position are moving average key concepts. 

In the video below,

If you have traded against a trend, you know it can be challenging to define and catch accurately.

In this Chart of the Week, I’ll explain a simple trading strategy using multiple time frames to define when a trend has a high probability of stalling.

Once we’ve defined an area or an “event” that supports a bias that prices will reverse in the short term, we will use a lower timeframe for an entry point.

We could use the strategy for swing trading using the weekly and daily timeframe.

In this lesson, I will show you how I used strategy for an intraday trade.

The image above explains the strategy of using multiple time frames for a bias where prices have a high probability of reversing and when to trade.

A macro timeframe is one of your choosing. If you are Swing Trading, we use the weekly timeframe as your macro bias in your daily timeframe for an entry.

If you’re an intraday trader, use the daily timeframe for your macro bias and an intraday timeframe for your entry. My entry timeframe intraday is the five-minute.

In the macro timeframe, we want to see prices trending higher and then accelerating higher into a resistance area where we know sellers will be.

Prices may also gap higher near the end of a move, which is an exhaustion gap.

Master Trader Tip: new the end of a trend, traders that missed the move higher give up hope that they will find an entry point and buy without regard for risk.

We moved down to the micro timeframe once we determined where prices were likely to reverse based on the macro timeframe.

In the micro timeframe, we are expanding the data to see a more detailed analysis of a distribution pattern - supply (sellers) overcoming demand (buyers).

The micro timeframe can form in various ways, but there will always be a retest and failure to move higher.

The Money Management Course is simply the Best!. I just made $670.00 in 8 minutes using lessons I learned in the course! Well worth the price!

Gary S..

The MTS and Green Room has helped me build confidence in my trading very quickly. I have a lot to learn and I am loving every bit of it. The recommendation is the MTS course and Green Room. It is very valuable. At least it is to me. Happy Trading!

Robert M.

In 3 month’s time consuming the courses/Green Room/advisories I feel I have done a complete 180 turnaround ……it is all due to both of your teaching MTF analysis, intraday, compelling patterns, etc. and just from sponging off your brains!!

John W.