DislikedUm does anyone have tips on making a good entry? Do we go to M15 to find a nice entry if we see a signal on H1/H4? Wonder how Big E can just have a 5-10 pip stop loss...truly amazing . I always start my entries with initial drawdown lolIgnored
If you consider this a tip,... use the multi-timeframe MTF approach, tested and proven over and over again.
Weekly is your Trend chart timeframe
Daily is your Setup chart timeframe (some call it the Signal chart)
H4/H1 is your Timing chart, where you use to time your trade entry.
Of course you can 'right-size' your preferred timeframes,
Daily is the Trend chart
H4 is the Setup chart
H1/M15 is your Timing chart.
Hope this helps.
regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett