Whether you trade intraday or look for multi-session opportunities, looking at the much wider timeframe is a good start for any approach to markets. As the rule states, “always default to the higher timeframe.” This can mean you may take a long position, but if the larger timeframe is bearish, take your profits and don’t overstay your welcome. Each year we produce an annual outlook. This is your chance to get some context for the rest of the year. Grab some paper and a pen and when you have an hour, dive in.
