hi
he stated clearly that he is using 5 min to enter the trade when conditions are met . as for the higher time frame it is to just give him a hint where the market is , he has said at the beginning of the thread that for example he will look only for short for ej . .this is why he is using the higher time frame to know when he has a short signal on 5 mn TF he take it .
hope this help and hope i m not wrong
reagrds
he stated clearly that he is using 5 min to enter the trade when conditions are met . as for the higher time frame it is to just give him a hint where the market is , he has said at the beginning of the thread that for example he will look only for short for ej . .this is why he is using the higher time frame to know when he has a short signal on 5 mn TF he take it .
hope this help and hope i m not wrong
reagrds
DislikedOk....so you are monitoring the 4 hr, daily,weekly...what TF are you using for ENTRY? I believe you earlier raved about the 5 min time frame.....so it can be confusing.....you are painting a very broad picture when you mention those higher time frames, even though I realize that we have to keep track of the trade...but I'm more concerned about your SPECIFIC rules for ENTRY....thxIgnored