DislikedCalling in the D traders! On an average per week, how many setups do you guys see? Also, how do you curb the part of being obsessive with the trades? Maybe I should bite my fingers or tape my fingers up to like a ball.....Ignored
but there are 20 D1 candles in one month.
when you trade D1 chart TF, there will be more CONTINUATION setups than REVERSAL setups during the trading week,
there will always be CONTINUATION trade setups during the week.
out of the 12 currency pairs I monitor, I get at least 5 REVERSAL trades every month.
as TMS 5-Method traders, it is better to look for trade opportunities starting from the higher TF Weekly, Daily, H4 then H1.
Just look at the GBPUSD example I posted since last week. After that D1 WRB appeared, we did not have any D1 reversal trades for several days but we had several days where we could have taken H1 trades when market was sideways within the D1 WRB range.
Different TFs, same trading rules but different trading ranges, different volatility, ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett