DislikedWe'll I know it's the end of the day...but I took the second littletrade (actually shouldn't have closed out the 1st one) on the alert from the 30 min trix on my chart...that plus the bombs went from 2 (wait) to 3 (buy) so I jumped in.
My main question for Glen or anyone else is:
Do you enter on the Signal Arrow (yellow) Close or do you wait for Signal arrow close + 30 min Trix Signal?
I was thinking of a scaled approach...enter .50 Lot at Closeof Yellow Scalper Signal arrow and then add .50 more on the 30 Min Trix signal or the C4 Bombs turning...Ignored
Mark the highs and lows of the " signal candles "
I normally trade a new high/low on a signal candle only from 5M chart.
Look at how many false signals can be filtered on 30M chart by waiting for a new high/low.
I trade 30M as a trend filter for sure...but not as a first choice.
When the markets trend..no problem..but with current choppy PA...it can pull you into false trades.
" Never let the past hold the future to ransom "