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I use a 300 and 4500 volume chart. My 300 volume chart is where all my trading decisions are made. The 4500 chart is essentially used to give me an idea of the overall trend but more importantly when not to trade.
For example if price is moving upwards towards a resistance level on the higher time frame or is just below a downward sloping trendline, I wont enter long. And vice versa for shorts. However the higher timeframe plays zero role in my entry signals, those all come from my trading time frame. If an entry short on my trading timeframe happens to coincide with a higher time frame resistance area that's great, but not a requirement.
I'm still confused about the definition of time frames. Would you please define it, Mike? It would also be helpful for your poll, so everyone is on the same page.
