Was going through my charts and this thought struck me:
The lower TF we look at the more magnified all the concepts must be. I mean like on Daily BUOB is just a BUOB, on H4 it should be really MONSTER BUOB.
And also things like Space on H1 for example it really must be GREAT space...
And if one has enough patience to wait for a setup on H1 where he wait for monster pinbar, ridiculously great space, FTA is miles away - he can pretty much successfully trade H1.
Do you think this is so or we have some real differences between trading different TF's (obvious of course is the the lower we go the more choppy it becomes - that's why I say all concepts must be magnified).
Here is that Monster BEOB Mike took. You won't find many of those on Daily I think, once or twice a year for a pair, I think....just compare its size to everything else around it! Real Monster!
The lower TF we look at the more magnified all the concepts must be. I mean like on Daily BUOB is just a BUOB, on H4 it should be really MONSTER BUOB.
And also things like Space on H1 for example it really must be GREAT space...
And if one has enough patience to wait for a setup on H1 where he wait for monster pinbar, ridiculously great space, FTA is miles away - he can pretty much successfully trade H1.
Do you think this is so or we have some real differences between trading different TF's (obvious of course is the the lower we go the more choppy it becomes - that's why I say all concepts must be magnified).
Here is that Monster BEOB Mike took. You won't find many of those on Daily I think, once or twice a year for a pair, I think....just compare its size to everything else around it! Real Monster!