The higher tf,s just to give overall picture with possible tragets, and when not to trade, entries shoulds still be in lower timeframes, Buuut if there is possability of a decent 500 700 + move, need to be able to consider this, when watching 15min 30min, is why I generally favour, pb to off set sl risk, and leaving runners, sadly most of this year and last year, ranging seem t be order of the day, which dont suit this,
The ability to intervene is fuking forex, could make good living before, but now interventions do not respect...
it's true that ranges have got smaller, but more than that the prices are less efficient to get from one level to another. Prices now make more noise (whip saws) than ever before and trading has to be adjusted - I don't see it ever going back to the days where you could set a trade and leave it on for a week and expect it to move smoothly in one direction whilst picking up the carry.
As the years have gone by I have adjusted from setting targets and trading for them in single trades, to using them as the bias and trading for them in a series of smaller trades and increased account/position sizes to keep the net profit up. Doing this also reduces the impact of interventions etc. because they kill smaller trades rather than bigger trades and even allow scope to trade within the range of the bs.
play your A game
will get chart in a minute, her and aussie so overvalued etc
