Hi Big E,
Really like the 5 method. Took a couple of trades. Got stopped out of 2 with spikes in PA after I brought the stop to B/E but hoping to have more successful ones in the future. Got to start posting charts.
What timeframe do you find the best for the method? I'm currently trading the 15 min. In your opinion is the 5 min timeframe likely to give you more fake out moves?
Also if you miss the move on the first 3 candles, do you have any signal to help you get in on a pause or pull back?
Thanks,
Galldg
Really like the 5 method. Took a couple of trades. Got stopped out of 2 with spikes in PA after I brought the stop to B/E but hoping to have more successful ones in the future. Got to start posting charts.
What timeframe do you find the best for the method? I'm currently trading the 15 min. In your opinion is the 5 min timeframe likely to give you more fake out moves?
Also if you miss the move on the first 3 candles, do you have any signal to help you get in on a pause or pull back?
Thanks,
Galldg