Holding Trades Longer

In my previous post, I shared my theory to multiple timeframe analysis. Practicing what I preach is a lot harder to do, but I am trying. I took a couple of trades where momentum remained insignificant so I exited accordingly. However, this week's recap will focus on two key trades.

The first trade was on the SGDCAD currency pair.

SGDCAD Daily

On the daily timeframe, there was a clear uptrend as price breached above a key daily level and traded higher. However, the H4 timeframe was telling a different story.

SGDCAD 4-Hour

Price made a bearish EMA cross and then held resisted, which I refer to this as a "bearish EMA bounce." I essence, this was an EMA-based resistance confirmation and that downside momentum remains highly probable.

SGDCAD 1-Hour

The H1 timeframe was used to optimize my entry. After price crossed below the ascending trend line, price made a bearish EMA bounce on this timeframe as well.

I did the right thing by reducing my risk since the intraday direction (downtrend) did not match the daily direction (uptrend).

SGDCAD 1-Hour

I was relatively conservative with my target with a 1.5 reward-to-risk ratio. This trade ended up hitting my profit target rather quickly.

It's important to note that it was intentional that I did not ride this trend. Since the intraday direction did not show confluence with the daily timeframe, I resorted to a quick in and out.

The next trade I'm highlighting is one where I am actively riding the trend. It's also a trade where I'm holding through the weekend.

EURAUD Daily

Overall, this pair was in a downtrend since late 2025. Price broke a key neckline (that I did not plot) in early 2026.

More recently, it appeared as if price bottomed out and started drifting higher. However, there was also weakness to the upside. In other words, the daily timeframe is showing a lot of general uncertainty.

EURAUD 4-Hour

The real signal stemmed from the H4 timeframe where price made a bearish EMA cross and then a subjectively weak bearish EMA bounce.

EURAUD 1-Hour

Another reason I entered this trade was due to confluence on the H1 timeframe. The H1 timeframe was also showing a bearish EMA bounce.

EURAUD 1-Hour

When price retraced to the EMA and then bounced, I scaled into my sell position with another 1%. In hindsight, this was slightly aggressive and I should've been more conservative.

If the price action on my H4 structural timeframe showed a pullback, I should then use the H1 timeframe to optimize my entry.

The issue with using the H1 timeframe is that it makes it harder to filter out noise. For example, the H1 timeframe might be showing another push lower with a bearish EMA cross. However, the H4 timeframe could've been very extended, making the potential of this move much lower.