MR pip, thank you for everything you do!
I don't trade the 5 min ( 233 tick ) charts much due to time and currently trading it on the daily mainly and 4h aswell.. I put my S/L not above the previous (major) swing, due to hugeeee stops, I usually put it below / above structure combined with fib + 10 pips ( daily chart ) and threating me very well, any comment on trying much tighter stops ( lets say around the 78,6% fib) for the higher TF traders around here?
BUT I did trade the 5 min chart today and really the quickest 2,5% return ever lol..
http://prntscr.com/gfqzml
http://prntscr.com/gfr1sx
Thank you for everything you do once again!
PS: would really like your experience on this.. Been testing this the couple of weeks and got mixed results but over all, it seemed to threat me the right way, more wins than losses..
I don't trade the 5 min ( 233 tick ) charts much due to time and currently trading it on the daily mainly and 4h aswell.. I put my S/L not above the previous (major) swing, due to hugeeee stops, I usually put it below / above structure combined with fib + 10 pips ( daily chart ) and threating me very well, any comment on trying much tighter stops ( lets say around the 78,6% fib) for the higher TF traders around here?
BUT I did trade the 5 min chart today and really the quickest 2,5% return ever lol..
http://prntscr.com/gfqzml
http://prntscr.com/gfr1sx
Thank you for everything you do once again!
PS: would really like your experience on this.. Been testing this the couple of weeks and got mixed results but over all, it seemed to threat me the right way, more wins than losses..
"Luck is when opportunity meets preparation"