From atop the Eiffel Tower, Traderalamo introduces the "multiple time frame" trading strategy. Looking at intraday charts and the concept of multiple time frames, he sets to find out if Potash (POT) will work its way higher on any continued market bounce. Multiple time frames is a method where one analyzes a chart from several time frames, in this case the 10-minute, 30-minute, and 1-hour time frames.
To reference charts in this video, check out this episode page at http://finz.tv/2009/02/22/multiplicity-ep1-whiffing-potash-pot-fertilizer-for-10-mins-30-mins-a-whole-day/
Follow TraderAlamo's trades via twitter (@TraderAlamo) and on FINZ.tv's POSSE Trader's Blog (http://finz.tv/posse)
Hat Tip to FINZ.tv POSSE BHBGroupTrader (twitter handle @bhbgrouptrader) for identifying Potash (POT) and other agriculture stocks as good long candidates several weeks ago on FINZ.tv's blog POSSE (http://finz.tv/posse/by/bhbgrouptrader)
Disclaimer: No positions in the stocks mentioned as of 2/22/09. Information in this video is for entertainment purposes only, and not a recommendation to buy or sell any equity.
Charts: All Charts courtesy of Telechart 2007 by Worden.com
