Friday is the day I really focus on the daily and weekly charts. I want to make sure I’m aware of what the longer-term trends are on all of my longer-term positions. I’m not really concerned what the hourly trend is on a position that has an expiry 3-6 months or more out in the future! I often refer to this grouping of 4 charts showing the daily chart with the 8, 20, and 50 SMA’s plus the weekly chart.
