Before continuing to post charts (and I shall continue tomorrow) I want to give a rundown of the timeframes, or better said, the charts that I use to make my selections.
I use for signals: DAILY and 144 pip range. On the daily I take the areas and the signals given by the 2 indicators. On the 144 is about the same thing but only 2 out of the 3 indicators have to coincide.
Then I also use 89 pip range bars which a lot of time mimics the daily. Use the 55 pip range mainly for divergences and sometimes areas. The 21 pip range chart is the one that would give me the area where I enter and then I go down to the 610 tick chart to refine the entry.
So to recap:
DAILY & 144 PIP FOR DIRECTION AND AREAS
89 & 55 PIP RANGE FOR CONFIRMATION AND AREAS
21 PIP AND 610 TICK CHART FOR ENTRY.
I use for signals: DAILY and 144 pip range. On the daily I take the areas and the signals given by the 2 indicators. On the 144 is about the same thing but only 2 out of the 3 indicators have to coincide.
Then I also use 89 pip range bars which a lot of time mimics the daily. Use the 55 pip range mainly for divergences and sometimes areas. The 21 pip range chart is the one that would give me the area where I enter and then I go down to the 610 tick chart to refine the entry.
So to recap:
DAILY & 144 PIP FOR DIRECTION AND AREAS
89 & 55 PIP RANGE FOR CONFIRMATION AND AREAS
21 PIP AND 610 TICK CHART FOR ENTRY.