Your continuing dissatisfaction with your trading results should tell you that you need to change something. I suggest dropping the 1minute charts and going to 5 minute time frame. When you use 1 min. you are too close to price volatility and you end up getting taken out early. You need to let the candle stick patterns develop in order to recognize typical high probability trade opportunities. If you keep using your standard approach you will not be around much longer.
No big deal. I was not in the right place at the right time today. I thought to post some charts. Everybody seems to like charts.
Your continuing dissatisfaction with your trading results should tell you that you need to change something. I suggest dropping the 1minute charts and going to 5 minute time frame. When you use 1 min. you are too close to price volatility and you end up getting taken out early. You need to let the candle stick patterns develop in order to recognize typical high probability trade opportunities.
ReplyDeleteIf you keep using your standard approach you will not be around much longer.