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Résumé : To trade successfully on an intraday basis, it is important to be selective. Trend trading is one of the most popular strategies employed by global macro hedge funds. Although many traders prefer to range trade, the big profit potentials tend to lie in trades that capture and participate in big market moves. This makes multiple time frame analysis particularly important, because no trader wants to lose sight of the big picture. The most common form of multiple time frame analysis is to use daily charts to identify the overall trend and then use the hourly charts to determine specific entry levels. The more effective trading strategy would have been to take a position in the direction of the trend. The majority of new traders in the market are range traders for the simple fact that buying at the low and selling at the high is an easy concept to grasp.