Dislikedwhat if those indicators give you a fake long reload and istead u find urself into climactic selling frenzy as suggested by those lower highs forming
also ur looking to relong close to weekly proven resistance which might have poorer chances of being in the moneyIgnored
I look for trends on the longer time frames to help me with direction on the shorter, will scalp counter trend for a few here and there, but will still focus on what I interpret the trend to be.
I also don't play my charts with exceptions, or "what if's". On previous chart sets that I post, you can see that I have at all times when trading 4 time frames open, starting with the 1m, 5m, 15m, 30m. I toggle the 30 to the longer time frames watching for support lines and possible targets of resistance and try to stay out of play until I see breaks and holds.
Am I perfect? Nope.
Am I better than anybody else here? Does it matter?
Do I think everybody should play the same and off of the same charts? Nope.
This is just my chart as it relates to the weekly I had posted earlier.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!