Does trend make much of a difference?
Any experienced trader will tell you an established monthly trend supersedes a daily. A 4 hour trend supersedes a 30. But there are also potentially eight 30 minute sub-trends within a 4 hour chart. Our experience has proved to us that when our indicators in harmony, they are more than sufficient to make high probability winning trades time and time again because they are demonstrating harmony which occurs inside the current dominant trend. And whether the market is trending 400 pips on a 4 hr chart or ranging, say 100 pips as it has of the time of this writing, weve found that when the charts are in harmony with the 240, our proprietary indicators gives us more consistently winning trades at a risk appetite comfort level we can live with day after day. If you want to trade higher time compression trends, be prepared to use larger stops and risk larger losses on any one trade.