[quote=kharvell;1466030]I'm afraid you may have misinterpreted how I am currently trading:
I use the 30-min, 15-min, and 5-min charts. If all the trends are up or down, I look at the 5-min chart to enter.
I use the exact same Cornflower entries that I was using earlier on the 1 hour for the 5-min.
Once the trade is placed, I look at my 15-min chart to determine when to exit(if it's flat or opposite my direction).
Good luck
Kharvell:
So if I understand you correctly, you are not concerned with the daily and 3 hour trends with your modified approach and look only at 30-min, 15-min and 5-min? So if the daily and 3 hour trends are opposite of the shorter term trend you will still trade in the direction of the short term trends based on Cornflower pullbacks?
I use the 30-min, 15-min, and 5-min charts. If all the trends are up or down, I look at the 5-min chart to enter.
I use the exact same Cornflower entries that I was using earlier on the 1 hour for the 5-min.
Once the trade is placed, I look at my 15-min chart to determine when to exit(if it's flat or opposite my direction).
Good luck
Kharvell:
So if I understand you correctly, you are not concerned with the daily and 3 hour trends with your modified approach and look only at 30-min, 15-min and 5-min? So if the daily and 3 hour trends are opposite of the shorter term trend you will still trade in the direction of the short term trends based on Cornflower pullbacks?