A popular topic in trading circles is the use of multiple timeframes.
Lots of traders like to use more than one timeframe to support their hypotheses and used properly such techniques can have considerable benefits.
However most proponents use relatively similar timeframes and in my opinion in doing so they are missing the true value of such an approach.
I like to use truly disparate timeframes, ones that are radically different to each other.
Copper last week gave us a timely example of this, so let’s use a real life example to illustrate the power of this often misunderstood concept. We will start with a daily chart of copper…
Our strategy gave us a buy signal at
