To be a successful trader, one needs to gauge the trend and place a bet in favour of the trend. Most traders often make their trading decisions based solely on a single timeframe. They devote all their time and vitality in investigating the trend on a single time frame, however, they neglect to comprehend what might occur indifferent timeframes which would impact their analysis, i.e they ignore the ‘Bigger Pictures’. Subsequently, to make a more strong way to approach trading it would involve taking a glance at several time frames in order to get a better grip on the budding possibility of a trade set-up.
‘Multi-timeframe’ analysis is an analytical idea in trading which turns out to be very effective when used appropriately. Moreover, it can help a trader to increase their likelihood of victory on a trade and limit the risk of misfortune. For a beginner or a busy working professional analyzing multi-timeframe can appear a bit time taking and confusing on occasion. Due to lack of time or sometimes clashing information from the multi-timeframe analysis most traders maintain strategic distance from this approach. This makes a significant number of these traders experience from ‘Analysis crisis’. So this product ‘ACE Momentum’ helps you to get a high probability set-up based on the ‘Multi-timeframe’ analysis..
In short, this product will follow an ideology ‘the trend is your friend’ and the trend will be identified with the help of analyzing not just single time frame, but multi-timeframe.