Don_xyZ wrote:prochargedmopar wrote:You've really got to zoom wayyyy out to see what's going on with the m15.
You can also get much larger targets than just m1 zoomed in.
But, you will also be way late to the setup IF you wait for m15 candle conformations to form.
Think m5 for m1 still be better. We'll see with some forward testing.
Candles.jpgCandles2.jpg
You're right. But that m15 is used for something else. I got a variety of anchor trade setups for early entry.
An example of HTF overpowering LTF.
On m1 I'd be wanting to continue selling and run the lows.
On m5 there is a perfect Island Reversal with gaps and ZL to buy out of the Box.
Instance of.........."Lower timeframe price action be dammed" MightyOne