Disliked{quote} Are you basing your trades on when all timeframes align, or do you prioritize one specific timeframe as the main direction?Ignored
I never look for trend alignment across timeframes, it’s useless for this specific trading style.
However, I always keep an eye on the slope of the SMA 100 and the layering of the Guppy X 5 (specifically the green ones on my charts). If I am trading in total counter-trend to the SMA 100 and Guppy X 5, my TP will be very fast. I’ve had enough bad experiences aiming for targets too far away, especially with an asset as powerful as the Dax: it gives points quickly, but takes them back even faster.
Dax only.
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