thank you for the reply.
i have another answer which i know you will not like, cause we should be flexible.
can you as a general rule say:
if two TF (m1/m5) are overbought/oversold then you risk only 10-15 pips and go only for 10-15 pips profit.
and if all three TF are in line then go for the full risk AND 40 pips profit.
i am just asking, because i think the flexibility comes with experience in this particular style which i dont have actually and therefore i would need some kind of bracket before i can go without it.
thx,
RT
i have another answer which i know you will not like, cause we should be flexible.
can you as a general rule say:
if two TF (m1/m5) are overbought/oversold then you risk only 10-15 pips and go only for 10-15 pips profit.
and if all three TF are in line then go for the full risk AND 40 pips profit.
i am just asking, because i think the flexibility comes with experience in this particular style which i dont have actually and therefore i would need some kind of bracket before i can go without it.
thx,
RT