I agree with you aegis you do need a hard set of rules, as well with anything in life practice makes perfect. However if you follow the theory, you first identify the direction by looking at the 4hr. candle then you go down the time frame and find a suitable position to go long or short depending on your 4hr candle....thats the hard part is finding a good position on the smaller frames, but more often than not as long as you follow the 4hr candle you will be ok and rewarded because more often than not the next candle on the 4hr is a continuation of that trend. fyi remember
i use vt trader and my candlesticks are heikin-ashi not the regular candles.
Back test the 4hr heikin-ashi candles, ive traded by just using the candlesticks with no indicators, every 4hrs i either change position or remain in my position letting the profit ride....
Regardless of which way it goes all you have do is follow the 4hr candle, it moves very slowly and it swings alot, its easier done than said actually, you do have losing trades usually when the market is sideways though
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