In your experience, after a developed trend (if any?), wich timeframe is better to entry or handle for day Trading/ (1H).. Any Hints?... Thanks
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I feel it really depends on what tf’s ur trading the trend of. For instance i trade the 4h and 1h charts so I look for entries on the 15m and 30m charts. Another point to look at is what session are u trading? If ny, u know volatility can last till London close, but if trading Asian volatility is typically maybe 1-2 hrs, so trading the 5m might be better then.
different people with different personalities and temperaments see things differently.
which one is yours?
1. h1
2. m5
3. combination of h1 and m5?
also where you place your stop loss results in different outcome.
the candle that spiked down tested the broken trend line level.
the m5 entries can be considered as successful if profit is taken according to m5 support resistance levels.
each one can only answer for himself.
This is an older post but it’s a great simple approach to trading intraday TF’s . Inthebox is right trading is very personal and really comes down to how you view the markets. This is the system I use but changed the entry criteria to fit my personality.
