Hello.
I have been publishing journals all my time in trading, since it helps me with the late analysis.
So I have a system that I use which I created inspired by the user @Tony112 and the use of 5 second charts.
What I am doing here is identify the price supports and resistances in H4, and going down from here, timeframe from timeframe, analyzing the waves until the 5 sec chart, where I wait for some signal in form of pattern, fast movement of price.. any signal, and then I enter.
The advantage is the huge R:R. I can put a sl of 5 pips and a tp of 200, aiming for the interesting 4H S/R levels.
Due to the brexit i am not operating these days. Will update.
I have been publishing journals all my time in trading, since it helps me with the late analysis.
So I have a system that I use which I created inspired by the user @Tony112 and the use of 5 second charts.
What I am doing here is identify the price supports and resistances in H4, and going down from here, timeframe from timeframe, analyzing the waves until the 5 sec chart, where I wait for some signal in form of pattern, fast movement of price.. any signal, and then I enter.
The advantage is the huge R:R. I can put a sl of 5 pips and a tp of 200, aiming for the interesting 4H S/R levels.
Due to the brexit i am not operating these days. Will update.