Hi Everyone,
Have been studying S&D for a whilke now and my main struggle is the MTF.
I day trade and my goal is to trade the 30/15/5 min with a daily bias.
Am i right in thinking that i should use the daily for my directional bias for example understanding if Supply or Demand in control?
I then drop to the 30 to identify the intraday zones and look for entries in that zone with the daily direction in mind?
I have created a shirt doc and video of my thoughts(file size to large)?
Happy for comment/criticism.
I think my main issue is not waitng for fresh zones, i alos try to trade pullbacks on the lowe time frames to the next sones.
TIA
Mitch
Have been studying S&D for a whilke now and my main struggle is the MTF.
I day trade and my goal is to trade the 30/15/5 min with a daily bias.
Am i right in thinking that i should use the daily for my directional bias for example understanding if Supply or Demand in control?
I then drop to the 30 to identify the intraday zones and look for entries in that zone with the daily direction in mind?
I have created a shirt doc and video of my thoughts(file size to large)?
Happy for comment/criticism.
I think my main issue is not waitng for fresh zones, i alos try to trade pullbacks on the lowe time frames to the next sones.
TIA
Mitch
Attached File(s)