Disliked{quote} Hi, welcome to this PATH. The month/week and day time frames strategy is the the basic and foundation of the Strat's method for stress free trading. It will always be in used by us. M5 is introduced for us to hasten our learning process. So that we won't feel so boring. His method looks simple but not easy to master. So, if you are interested to be successful using this method, spend sometime reading through this thread, then proceed to the new thread. It will definitely worth the effort. Thank you.Ignored
Reason for my previous query which I meant to mention but forgot, was that, do you use the Monthly/weekly and day only(for the SR). cause I am really happy when I am on 1H. I feel much comfortable there. not too fast and not too slow.
in that case, would you apply SR to Monthly/weekly and 1H or 1D/4H and 1H (or still on moth/week/Day)?
Long before thinking of trading, I think I first need to get the SR right, or at lest close enough. then to understand and recognize the PA. after that, I would say to understand the confirmation.
as you can see, I am very far away from there.
1 step at a time lets first get the SR correct (or at least near enough) with the time frame
once again thanks for the response
btw, I haven't gone through the thread yet(that also need reading )