The primary concept of the Three Ducks Trading Strategy is that it is intended to exploit the benefits of multiple time-frame analysis. The first question that springs to mind 3 ducks forex what exactly is multiple time-frame analysis?
This is a study that attempts to resolve the following problem. Many traders experience significant difficulties determining the current trend of chosen assets. This is because different time-frames often provide varying opinions. For example, the hourly could indicate that the price of an asset is presently advancing in a bullish trend.
Such conflicting results can lead to investors adopting a variety of varying viewpoints about the current directional movements of the same asset. How can you overcome such problems and devise a system that can provide you with accurate interpretations? Multiple time frame analysis is a methodology that has been specifically designed to resolve such issues. How can you apply the concepts of the Three Ducks to successfully trade binary options? Basically, you will aim to get your three ducks in a row by studying the directional movements of an asset on trading charts utilizing three different time-frames.