2Days and 3Days Time Frames on FX and Stocks

[marcus]

Should MTP EOD work well also on longer than 1Day Time Frames?
I mean only 2Days, 3Days!
Certainly, the setups will be very seldom, but... basically, could MTP work well also these time frames?
I guess yes, due to the fact that markets have a fractal structure...
Regards to all in advance,
Marcus

[nqcruiser]

as a trader, u r interested in booking profits, Y would u wait for signals that came up once or twice a year. I cant see the logic, unless u want to wait for 1000 pip run when mtp check for 61.% fib violations on the daily.

[marcus]

Excuse me, Geiseb, but this is not the answer I asked for!
You know the 1Week Time Frame is widely used! That means 5Days Time Frame!
My question was: What about 2Days and 3Days!
You know that on this Forum people posted also Weekly time frame setups!
Again, my question was: What about 2D and 3D???
Thans,
Marcus