The fundamental premise of MTFA is that markets are fractal. Patterns that appear on a five-minute chart are often microcosms of larger movements occurring on daily or weekly charts. By analyzing at least two or three different timeframes, a trader can identify "confluence," a state where different layers of market data align to support a single directional thesis.
Pinpoints precise entry and exit triggers.
Structure and contents
The fundamental premise of MTFA is that markets are fractal. Patterns that appear on a five-minute chart are often microcosms of larger movements occurring on daily or weekly charts. By analyzing at least two or three different timeframes, a trader can identify "confluence," a state where different layers of market data align to support a single directional thesis.
Pinpoints precise entry and exit triggers.
Structure and contents