I just posted a video on YouTube giving a brief overview of a high-probability trend-following strategy called Multiple Timeframe Trading. Here is the link: http://www.youtube.com/watch?v=IUVQuuVLzRo . Enjoy!
James Chen, CTA, CMT
* For information on my DVD set, High-Probability Trend Following in the Forex Market, please click here.
* For information on my book, Essentials of Foreign Exchange Trading (Wiley), please click here.
* For information on my new book, Essentials of Technical Analysis for Financial Markets (Wiley), please click here.
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Hi Mr. Chen,
Very nice video!
I´m using “Trader´s Trick Entry” on M15, now i´ll try it on M10 too.
Best Regards,
Pico.
Dear Mr. Chen, thanks for the simple and excellent video for high probability entries. i look forward to your videos on how to exit the trades as well.
Thanks, Pico and Susmit! More videos are forthcoming. I will announce them on this blog. Thanks again!
James Chen
Hi James,
I really enjoyed your video on trading Multipe Timeframes. You explained the concept very well. It really made a lot of sense to me as a way to trade. Can I ask your opinion? Would the “Aroon Indicator” be a suitable tool to use on the Intermediate timeframe to indicate that the longer term trend is condinuting after a pullback?
Thanks Again,
Sharon
Hi James,
Hoping you can clear up one more thing for me. When looking at the Long Term Timeframe, if the 50 SMA is sloping down but there is a small correction and the histogram is ticking up, should we stay out or look for trades assuming that the downtrend is going to continue.
Hope this makes sense.
Thanks
Sharon