Waiting for reaction...
Fozzy Chat Room 7 replies
DislikedOK I've been playing around with m5 now for about 4 weeks, only a short space of time but I am doing much better than I ever did watching h1/h4 levels, plus more trades = faster learning.
What I'm finding is, on m5 I tend to do better if I trade purely within m5 supply and demand zones and think less about the higher time frames. I tend to get burned when I think price is hitting a big zone, then I jump on an engulfing only to see the trend continue down and blast through the level. If I ignore the HTF levels, I would just ride the trend until...Ignored
DislikedI'm wondering how to balance this also, often watching the 1h and 4h totally helps when trading off the low time frames but sometimes I get faked out. Very interested in your approach with this Kenny...Ignored
DislikedNow adjusting stop, +144 pips.
Thank you Red ( & Ifmyante ).
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michaelIgnored
DislikedV nice M.
If you can only break into that pole (the top for which should try to hold price up) you'll get a lovely run out of that.
But do try to take something off the table there
Best
IfIgnored
DislikedTook this today morning and still its running for the target below 326Ignored
DislikedOK, are we looking for candle patterns in the area of the yellow line to decide whether price will move upto or down to the blue box?
What about where I've drawn the boxes? The yellow line was drawn previously and has nothing to do with PIE.Ignored
QuoteDislikedare we looking for candle patterns in the area of the yellow line to decide whether price will move upto or down to the blue box?
QuoteDislikedWhat about where I've drawn the boxes?
DislikedFriends are here to make you laugh. I have some very good friends. Luckily for me, it happens they are traders tooIgnored
DislikedTook ej trade at morning closed partial for +40 pips running remanining for 4hr demand levelIgnored