Short Note
If I make the MTFA I will choose the Monthly, Weekly, Daily And H4 in one group at first and will initially analyse this rhythm. Next I added the lower timeframes like M30m M15, M5 and M1.
Then I ask some question?
Are there any pattern detection?
Which ones could be score stronger?
How many timeframes do I really use by the next market entry (entries)? Select the right ones!
Is there uncetainty about whether...? If yes, then I try to point it out. Will be there profound arguments I avoid this currency pair at the moment. Waiting is the first skill that a trader could learn if he will get a successful trader! If you can't wait than you have to learn this basic skill with exercices like meditation or so. Keep the market waiting !
Are there any disturbance, turmoil around you or in yourself go out of the market and make some other nice things in your life. The Market can wait. There will be plenty of other chances next time! Why would you destroy yourself with autoaggressive silly behavior...instead of an inviting, disarming smile?
Don't trade when you add alcoholic drinks. Two times a day it's better to make fruit juice by own pressed fruit with a fruitpress.
Recipe: 1 liter fruit juice - 1 kg carrots, 2 oranges, 2 chubby pineapple slices, half plum-sized of ginger, 1/2 lemon, 4 apples, 1 kiwi.
If I make the MTFA I will choose the Monthly, Weekly, Daily And H4 in one group at first and will initially analyse this rhythm. Next I added the lower timeframes like M30m M15, M5 and M1.
Then I ask some question?
Are there any pattern detection?
Which ones could be score stronger?
How many timeframes do I really use by the next market entry (entries)? Select the right ones!
Is there uncetainty about whether...? If yes, then I try to point it out. Will be there profound arguments I avoid this currency pair at the moment. Waiting is the first skill that a trader could learn if he will get a successful trader! If you can't wait than you have to learn this basic skill with exercices like meditation or so. Keep the market waiting !
Are there any disturbance, turmoil around you or in yourself go out of the market and make some other nice things in your life. The Market can wait. There will be plenty of other chances next time! Why would you destroy yourself with autoaggressive silly behavior...instead of an inviting, disarming smile?
Don't trade when you add alcoholic drinks. Two times a day it's better to make fruit juice by own pressed fruit with a fruitpress.
Recipe: 1 liter fruit juice - 1 kg carrots, 2 oranges, 2 chubby pineapple slices, half plum-sized of ginger, 1/2 lemon, 4 apples, 1 kiwi.
Attached Image