Also, my view ;
5m
1h in a nutshell
5m
1h in a nutshell
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DislikedH1-M5 Status Update Let's see how it goes.. 1.1677 support probably will become next wrestling area.. Stay Green {image}Ignored
Disliked{quote} Hi @Ata, How you manage two different charts with different timeframe with able to copy trendline from one chart to another chart? When I switch from H1 to M5 then all trendlines of H1 appear on M5 and vice-versaIgnored
But again it is really separate. M5 angles belong to M5 and H1 angles belong to H1..
Stay Green
Disliked{quote} Trailing is easy.. The trick is this: "Stay on M5 and assume you are trading the H1.. now with every new breakout you SL can actually go above that breakout.. BUT I generally use 2 breakouts earlier levels on M5 for SL" I hope you got the idea.. Stay GreenIgnored
Disliked{quote} In the past I was doing that too.. staying away from what you don't know or can't control.. BUT.. (personally) I want to improve my skills even at such areas.. if I stay away I never improve at those areas.. so even if it sounds struggling I insist in digging into things that normally scare us.. But following rules under any circumstance is crucial of course.. Not blindly! Stay GreenIgnored
Disliked{quote} An image is better than a thousand words.. Below I explained: To trail SL I make use of the M5.. but whatever timeframe you use the logic is the same. SL always goes 2 earlier ENTRY LEVELS after each new TL breakout on M5.. If those 2 earlier are close to each other then use 3 earlier.. But generally 2 earlier is enough! EDIT: I fixed the mistake on the image! Stay Green {image}Ignored
DislikedH1-M5 Status Update Have you noticed how accurate my magnetic target was? To the pip But we stay in the trade because trailing SL is always better than blindly taking profits at targets. I admit I do it from time to time but on the long run trailing and getting yourself stopped out always gives more if not equal.. Stay Green {image}Ignored