DislikedSo then fti's MO is by in large trend following-aka, trading when 5min aligns with daily.Ignored
Thats a good way to start off but as MaMood pointed out theres so much more to the picture. Remember the short TF will give you the most direct insight on what is going on at the moment. Try to get an idea of where the the 3kgds are heading, and use your SMAs when they get too choppy. Look for synchronized movements on the 3 pairs, if it exists and use a 1-1-1 skew for attacks. This will take off the extra pressure of thinking how many troops you should send in and when.
You will have enough to worry about anyway.
As for rescues, I recommend to discard the whole idea in your early stages. As a beginner, you just gonna end up adding to positions you should have got out of, giving all your profits back. If your timing is off or you were wrong about the direction, just pull the plug and try again. Try to focus on learning to identify situations when the market is setting up to head your way.
The idea of "trading with the main trend" can be very tricky. First of all, the trend on the daily or the H1 doesnt always exsists or it changes way too fast for you to be able to see it on the H1. It can easily trick you into seeing things that arent there, and if you combine that with trying to rescue dead positions, well.. you get the picture. Use these time frames to identify large barriers and be prepared for anything on the 5min.
Hope this makes any sense