DislikedCHF basket trade that have not been taken if M5 data would be used , Why ? Simple the counter trade value has been touched but before the bar close, the retrace would be that big that you can't even see it on chart that the level was touched. So M5 spaghetti data is not doing doing such a good job for scalping. Everyone speck about strong , weak pairs ,BR, RS , BS that can be seen with clear eye how many indicators do we need to establish a strength? 1 absolute and 1 relative should be more then enough but how about the momentum isn't that the key...Ignored
For me it works just perfect!
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)