DislikedThanks FX-Trader. I did follow your suggestions and found that the 1H chart indeed gives me a different picture than a 15M chart. See my chart below. I think I should only see the bigger picture on a 1H chart. 15m chart is strictly for precise entry.
I'm still unsure about picking up the PFs though. Do we have an agreed definition of what a PF looks like?
I like Pipanator approach of taking what works for you from various sources. I never believe in polarization. That someone is 100% right or 100% wrong. But sifting through to get the gems is...Ignored
The most important thing to know is the key area of the day or session preferable day which is the euro open going into London if you catch the high or low of the day that's the safest point in the day to ride the move till session end possibly 50% of next session. The key area you need to have a balanced view IF THEN I will take a small loss and stop and reverse I fear no loss I may be wrong and get lucky to breakeven this has happen to me several times.
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