When I look for entry, SL and TP on both the M15 and H1 I am tending to choose similar positions and of course ending with similar results.
Is this a bad thing, should I be treating them differently?
When I look for entry, SL and TP on both the M15 and H1 I am tending to choose similar positions and of course ending with similar results.
Is this a bad thing, should I be treating them differently?
I think so, but its in the evaluation and level of ‘strength’. For me I execute the same analysis basically across all time frames, but the importance I put on certain things in each time frame varies, I would much rather take a 4H level than a 1h level than a 15 min level. Although all the levels were determined using the same method. Price is fractal so your method needn’t change, just the implied strength that comes from higher time frame analysis. Also knowing your surroundings, a 15min signal going into 4H resistance just isn’t going to end well.