Disliked{quote} As your chart says, price reading skills are must before thinking of using an indicator or using someone else's strategy. I used to add tdi to my charts and removed instantly, as my interpretaion & decision was faster then tdi . I follow 15 minutes chart using 1 minute as my execution tf. 5 SMMA Channel is my only edge, which idea is taken from this thread. I will find any excuse to enter the trade such as breakout, failure breakout, pullback whatever market thrown at me and exit when smma channel tells me so. Follow the price, stick to...Ignored
I still use the 5SMMA High-Low channel too which is the original Price Action Channel PAC from the Synergy trading model.
Question:
When you trade M15 with the 5SMMA, how do you pick the trade setup?
Entry on M1 is really very fast and it takes a lot of practise to have perfect trade execution.
Do you have some trade charts to share with us?
Thanks.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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