Avoid the Trap of Lower Timeframes: Focus on the Bigger Picture
One of the most common mistakes traders make is getting caught up in the noise of lower timeframes—like the 1-hour or even the 15-minute charts. Many flip their bias with every red or green candle: one red candle and the bears start calling for a crash; one green candle and the bulls expect a breakout. 💰💷🤑
This kind of reactive trading often leads to poor decisions and significant losses. Why? Because these short-term movements are rarely meaningful in the broader context of market structure.
What should you do instead?
Focus on the higher timeframes (HTFs). Let the daily or weekly trend guide your overall market bias. Then, use the lower timeframes only to time entries that align with that higher timeframe trend.