Disliked{quote} the bottom part of what you said is signed. It also seems helpful to combine the different perspectives you use across different timeframes on a single page to more clearly identify trend direction. I use a similar template, but it's just a bit simpler. I can't say I don't like your template. {image}Ignored
I use large monitors and during active trading I need just a glance to work out what is important to me
I always liked price channels, so MA5 arrangements as described is a reasonable one to implement
Principle of gearing is hugely important - for intraday I like M5-M30 (1 to 6) and H4 to the daily somewhere in the background
I have read so many times that trend has 75% chance to continue, I assume that is likely so. If the price channel is open on M30 and it starts to open on M5 in the direction of M30 channel in the vicinity of important zones at active trading time, it is good to be prepared for trend continuation, and act accordingly.
Similarly the stochs, they are useful, but PA is priority, and so is the market structure created by PA.
Always be ready for things to go pear shape and for the best plans/set ups not working, if so cut the losses short! and work on the next one.
I still have some work on the templates as to different displays on different TFs, have to make few decision which stochs to be displayed on each TFs ect...
I also like Pivots with mid pivots displayed as horizontal lines, need to see them at a glance on different TFs and so on....
Keep at it and you will find out what works best for you!!!
Best wishes!
Make sure losses are small and profits are bigger!
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