DislikedIm sure longer time frame trading fits some peoples mindset. I trade 1 min charts .everything that happens on 1 houur or 4 hour happens on a 1min tf.only much quicker.i dont personally trade candlesticks.i trade the price.my entries are taken from reading the pattern in the quotes. Yu mention trends.again this is seen in the eyes of the beholder.a 10 to 15 pip move for me is a trend.with a 4 or 5 pip risk.im working on a 2.1 to 3.1rr. Rhe random behavour is the journey from one atraction poinr to another.those 2 points are not random. Alittle like...Ignored
We are on the same boat, a 15-20pip micro trend, is a lot easier to spot and much more accurate then a H4 trend, same risk same return.
Here is my chart I've been working on, Arrows are entry points, horizontal lines and Barrier Levels I call them, as no interest in previous S/R doesn't test well enough to be profitable.
If anyone wants the template and the rules there here to :- last post.
http://www.forexfactory.com/showthre...32#post7169632
There difference is there trading after the event, we are trading ( slightly after unless tick ) in the current!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!