Well....got to say that I have NEVER traded a 5 min chart before.
I guess I am not a scalper or what I thought was a scalping time frame - the 5 min chart.
BUT, trading like this with a different mindset....trying to get into a trend and pushing the stop loss to break even with the big picture set on a longer term plan was a whole new ball game.
Thanks for the lessons Graeme!
I can see a learning curve ahead that I think I am going to enjoy.
I guess I am not a scalper or what I thought was a scalping time frame - the 5 min chart.
BUT, trading like this with a different mindset....trying to get into a trend and pushing the stop loss to break even with the big picture set on a longer term plan was a whole new ball game.
Thanks for the lessons Graeme!
I can see a learning curve ahead that I think I am going to enjoy.