Price Action trading on 15m Charts

Does anyone trade based on S/R, TrendLines, Fib on a lower timeframe charts?

Most of the time i'll look for breakout or continution on S/R. Added confirmation based on the confluence of Fib/TrendLines, 200 EMA, price action bars.

If anyone has more inputs on this or interested in trading this way please reply.

hi AndsX,i love trading the 15 min charts,heres a trade i took today. 15 min pin bar is another trade i love, still dont trade too many live ones but it is something i am trying to perfect.they can get you in nice trades with a tiny stop.

Eur/yen
Fib levels
fib retrace of down rally is at .618 (strong resistance) it didnt break fib level.
15min frame
200ema- PA is above

support/resistance
support- large skyblue line on down of chart
resistance- previous high and the fib level .618. if PA breaks 618, long, if no break, maybe short.

I use 5min and a tick chart for trading but using the 15min chart to identify key levels is smart for every analysis. some ppl never go into the small time frames, for many reasons. (false signals, headaches, and volatility).

1 of the many mistakes forex traders make,
they setup their charts the wrong way of their trading styles. Pick a style of trading and make a chartsetup that works.

I trade on a Muti-TF approach...

Set my S/R zones on 4H/D1/W1 to get the overall picture (are we too close of a major S/R zone? Are we in the middle of a range?, things like that...)

Pivot Points, MACD and Stochastics on 15M just to pick the best entry, based on confluence (of S/R, Pivots, Indicators...), cause when I go down to 15M I already know in which direction I'm going to enter...

PS... I don't use all those fancy indis as triggers... I look for confluence of information...


Cheers!

HT