DislikedM5 {quote} While we trade M5 with PASR we have to do it faster and very efficiently. We don't have sufficient time at the Hard Right Edge (where PRICE is jumping UP and Down) to do a full 3 time frame analysis while we are scanning our M5 charts for potential trading opportunities. Having found a trading opportunity, we FIRST have to add our support and resistance lines from M15, H1 and H4. At this time, make a mental note of where PRICE is on each time frame RELATIVE to M5. At the same time, we are scanning other pairs and all this could happen...Ignored
Trading both Impulse & Corrective Waves is much stressful.Many times I miss good entries for this.
A FF member asked a question to you.
"Strat said: MOST of our LOSSES are from trading the Corrective Waves against the prevailing trend.
My question is:
How can I distinguish a corrective wave from the prevaling trend? Please if you are not sure, can you ask him in the thread? i would be glad"
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