DislikedThank You Van.You cleared it all up.Do you take counter trends too? I have been looking at the charts on 5min and there are a lot of chances for counter trend.Though it is risky,have you ever tried it? If we follow your method using pivots and round numbers as possible retracement areas,it should work.Maybe throw in RSI to look for divergence?
Been reading a lot and Ryanmcd uses it very well for counter trend trades..
KaiIgnored
Trade 2 following 1hr - yes but then we're following good 1hr candles and using that to determine our change in trend.