I'M BACK!!!!
I am finally getting back to posting, been real busy with perfecting my strategy and other side projects.
If you go back to the 1st post I did make some tweaks that has helped me stay more consistent in my trading. Mostly taking OFF ALL the 5M charts from my screen, i was taking on way too many trades and I was fighting alot of emotions when they were giving me mixed signals. So I have been keeping a VERY detailed trading journal where I started to notice it is much better to watch more pairs and enter when they are setting up nicely on the 1HR chart ALONE. I have been keeping my eye on ALL pairs with a reasonable spread of course. I try not to get into more than 3 positions MAX and I try to keep them non-correlated.
Most traders on these forums think you have to use small TFs(less than 30M) to scalp but lately, i have changed my view on that. Scalping off the 1HR chart, imo, are more predictable. I have been able to get in a bit larger (lot size) than what I was used to and taking profits pretty consistently.
I will be getting back to posting my charts at the end of my trading day.
Stay tuned...
MADNESS
PS. Hope everyone is doing well in their trading and it feels good to be back posting!
I am finally getting back to posting, been real busy with perfecting my strategy and other side projects.
If you go back to the 1st post I did make some tweaks that has helped me stay more consistent in my trading. Mostly taking OFF ALL the 5M charts from my screen, i was taking on way too many trades and I was fighting alot of emotions when they were giving me mixed signals. So I have been keeping a VERY detailed trading journal where I started to notice it is much better to watch more pairs and enter when they are setting up nicely on the 1HR chart ALONE. I have been keeping my eye on ALL pairs with a reasonable spread of course. I try not to get into more than 3 positions MAX and I try to keep them non-correlated.
Most traders on these forums think you have to use small TFs(less than 30M) to scalp but lately, i have changed my view on that. Scalping off the 1HR chart, imo, are more predictable. I have been able to get in a bit larger (lot size) than what I was used to and taking profits pretty consistently.
I will be getting back to posting my charts at the end of my trading day.
Stay tuned...
MADNESS
PS. Hope everyone is doing well in their trading and it feels good to be back posting!