Hi Van,
Nice trading!
I'm still demoing the system, and my current challenge is to improve my ability to decide whether the hourly conditions are right to consider a 5 or 1 min entry.
A few sessions, I've made entries and had my stops taken out repeatedly, and looking back at the hourlies, AFTER the fact, it's clear to see that this was a choppy or dead zone, better off not traded.
Do you ever sit sessions out or wait until the last part of a session to get involved? Do you ever get to the computer, look at the market, and decide, I'm going to wait for better conditions? If so, please try to share a bit about how you make these decisions.
Thanks,
VBro
Nice trading!
I'm still demoing the system, and my current challenge is to improve my ability to decide whether the hourly conditions are right to consider a 5 or 1 min entry.
A few sessions, I've made entries and had my stops taken out repeatedly, and looking back at the hourlies, AFTER the fact, it's clear to see that this was a choppy or dead zone, better off not traded.
Do you ever sit sessions out or wait until the last part of a session to get involved? Do you ever get to the computer, look at the market, and decide, I'm going to wait for better conditions? If so, please try to share a bit about how you make these decisions.
Thanks,
VBro