Understanding Top Down Market Analysis

For Day Traders it is very common to be confused when you separate your self from the bigger picture represented by Top Down Analysis and you can't even imagine how many times i saw a complete risky trades just because of ignoring the higher time frames .. 


The next video is showing you an example for  Top Down Market Analysis starting with the monthly time frame then weekly then daily .. etc .

Other Useful Post :

Multiple Time Frame Trading - James Chen | Trading Lectures