Technical indicators can be used to time entries and exits in the stock at key points in the cycle. The primary cycle in the stock market is the centerpiece of cycle analysis for traders as well as an important market timing tool for investors. Typically 17 weeks in length with a window, or orb, of four weeks the primary cycle is composed of smaller, short-term, subcycles known as phases. Further, the primary cycle itself is part of longer-term cycles. Before we analyze the primary cycle, let s look at another valuable approach for traders, that of multiple time frame analysis.
Every time frame needs to relate to at least one other higher time frame, preferably two.
Those more oriented toward position trading, on the other hand, tend to examine daily, weekly, and monthly charts. 5 year subscription to Working Money. Free book selection. Limited time offer. Offer ends soon.