For what its worth, i use a ADX MTF indicator (shown on the bottom of the attached chart) that allows me a quick overview of most TF charts without leaving the 1H chart. If the higher TFs are green, then im only looking for longs on the 1H (in this case, EU). This is my 'lazy' way to monitor pairs.
I also confirm direction with the 200ema (arguably, the most popular filter used on charts).
The 'thumbs up' icon at the S/R line was entry for a long, according to the BuFu rules.
If i was to short EU whilst the PA is above the 200ema, then its purely a scalp and not a short trade.
Thanks Johnny2pips for your strategy and good trading to all.
I also confirm direction with the 200ema (arguably, the most popular filter used on charts).
The 'thumbs up' icon at the S/R line was entry for a long, according to the BuFu rules.
If i was to short EU whilst the PA is above the 200ema, then its purely a scalp and not a short trade.
Thanks Johnny2pips for your strategy and good trading to all.