Hi Strat,
Just a quick note to say hi and let you know I am done trading M5.
When you really, really look at charts, the serious action happens when the Boss and Worker get into action (with the blessing of the BB). The M5 or any other lower than daily TF is just a consequence of that. So why extinguish oneself trying to catch sub-sequences of real moves intraday while you can adapt your trading to the real rhythm of the market?
This is only wishful thinking at this stage as I need to pace myself and adapt my MM and SL management accordingly but the intention is here.
Be well
Just a quick note to say hi and let you know I am done trading M5.
When you really, really look at charts, the serious action happens when the Boss and Worker get into action (with the blessing of the BB). The M5 or any other lower than daily TF is just a consequence of that. So why extinguish oneself trying to catch sub-sequences of real moves intraday while you can adapt your trading to the real rhythm of the market?
This is only wishful thinking at this stage as I need to pace myself and adapt my MM and SL management accordingly but the intention is here.
Be well