Whether you are a long or short-term trader, no matter the timeframes you are using to analyze the market, others might be trading differently. This is more reason why I like to use at least 5 timeframes for trading, which will surely increase my chance of capturing the true psychology of the market at that time. And you know what? All of them must agree on a particular direction before I pull the trigger.
Using different trading timeframe is well advised because all the time frame are Indeed necessary and play there different roles. Analytically , the timeframe can be explained with trying to see what stands before you before it happens. So you can see the short time effect and long time effect of the market by looking closely at the timeframe. 1 minutes and 4 hours will not give same result likewise 4 hours won't give same result with monthly. Example if the market close by the month, it is significant to the expectation of the next month. You watch different timeframe to know when to enter the market and when to exit. Most traders use lower time frame like 1 minutes and between 15 minutes to enter the market and decide when to exit by also looking at the longer timeframe, this is how important timeframe is.
This is another style that may slow your trading down, but believe me, it's to your advantage. It's worth it as it filters noise out of the market and makes you trade less, lose less and win more.
What is worth doing is worth doing well. If you have to trade for profit then it is better to observe all what is good for the trade. It is a good trading strategy to take your time to get things right because if you get it right, it will reflect in the profit.