Great post. Reminds me of myself after I learnt Candlestick Chart reading. :lol::lol::lol: Got whipped first on daily TF trading futures as SL were steep. Then looked to apply learning in lower TF. And below was the result.
Best TF for intraday traders should be 3/5/15M in my view.....
Lesson:
Best TF for intraday traders should be 3/5/15M in my view.....
Lesson:
- You don't have to buy/sell the absolute turn point.
- If there is no recent structure to lean against and provide a logical stop location, then LET THE MARKET TURN.
- Get in when your trade can lean against the recent structure created by the turn.