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Why scalpers, day traders got to check higher time frames

Because price reacts to support resistance levels

And the good ones can only be spotted at higher time frames. We let the charts do the talking.


Price is up. Buy!

Up trend on M30 time frame

This M30 chart prints clear up trend; little hint of overhead resistance


Hey what is going on?

No clue why price retraces suddenly

Hey why did it do that?


Let’s check higher time frame

Place horizontal line to show resistance on daily chart

Well established resistance spotted on daily chart


If only I inspected the higher time frame

Go back to inspect on M30 time frame

Oh that’s what it is!

Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’.

“Dear reader, I do not have a financial license to give advice. I do not know you the reader. Your financial objective and risk tolerance may be different from mine. I am not responsible for any consequence of your action.

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