Patch wrote:es/pip
I am working to understand the new-aan-cesses of MO's ZL & ZZs.
You just posted: "i just look at the momo and held profit and trade it from the inside". What do you mean by "trade it from the inside"?
lukx:
I wonder what time frame are you basing your entry on? Is it exclusively the H4? Looking at the charts posted by es/pip and dragon33, I see H4, H1, M15 and M5. Most of es/pip's marked charts are M15 and M5. The higher the time frame the greater the pips at risk stop loss needs to be.
What is your profit target? I am looking at GBPUSD H4 and trying to figure out where you entered, got stopped out etc. Could you post the chart you used for entry with notes written on the chart?
Lastly, my stupid Q of the day, could you have reentered the trade once it moved in your direction?
Patch
Remembering 8 years ago
trading/looking inside is looking to smaller time frames to trade the larger time frame
Dragon and my trades are not off the 5 and 15 min charts. They are off the larger time frames entering on the smaller time frames