As observed from these two chart in reference to the time frame.
You can see the difference how you can make a best setup (trade).
Using multiple time frame plays a big difference especially if you are a short term trader.
Comparing the one-min. and the two-min. time frame, you can easily spot when and where you can enter and exit.
In this probable trade, referring to the 2-min. chart as your base of recognition, you can conclude that you can short it from the pointed area.
And your best entry can be based from the one-min. chart that specifies clearly, in this case at around 3:15 pm. est. or at the price of 54.48 (the one under the descending 20MA).
Using multiple time frame can make you an "edge" in trading.
As they said in trading, if you don't know your "edge", you don't have one.
So in trading, know your "edge"!
