Hey TC, Its fine man, I expect whats dished to me. My set-up consists of Mainly MACD, which is the main catalyst. And a bunch of others. I actually use 3 charts, 2–15M charts, and 1 Min chart for entry.
Each chart has different things that I watch for. Cant fit them on 1 chart, to cluttered.
So you’re okay with risking 50% of your account per trade or even more given that you’re well prepared to execute your trades precisely ? I like that confidence. But sometimes you run out of luck ! Better be prepared some rainy days ahead.
I have nothing against your way of doing things by the way, but its just not for me. But hey you never know ! Been trying 15M charts as of recently and have been doing okay with short TFs. See its not all that what people makes things out to be. I say if it works for you, then well done !
If you don’t mind I’d like if you shared your screening criterias , entry rules and such I’m very interested in your method as to how you execute your trades - you gotta be precise !
Its an evening where I am. So good evening for me and good day to you.
Alot of it has to do with simple MACD and momenteum, knowing news events, ( high traffic periods, like a highway,stay off) simple S/R via zigzag or something.
Intuition, I have over 20,000 hours of chart time.
I like 15M charts, down to 1M entry, Im looking for small chunks, like mining for Gold. Scoop by scoop, little here, little there.
I found this thread ironic, for I have made a similar goal myself before joining babypips, I created a 10 pip daily chart and a 15 min pip daily chart, after reading this thread makes me want to rip it up… lol :35: