On today’s video I revisit the LONG and SHORT trades (INTC, OXY, T, D, and WMT) that we have been discussing the last week and briefly go over their higher time frame charts. Trading with the higher time frame chart adds a higher probability to your trades. However, you can still trade high probability trades against the higher time frame charts… I briefly go over whether or not to be more aggressive or remain conservative when taking entries and managing your trades when you’re trading with or against the higher time frame charts so as to put the probabilities in your favor.
Todd Mitchell is the CEO & Founder of Trading Concepts, Inc. He's been trading since 1994 and has mentored over 12,000 traders from Wall Street to Main Street. He's an expert at developing strategies for creating more consistent daily, weekly and monthly income.
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