tom7ak wrote:
...
Does it make sense to you at all?
What often confuses me is how to line up HTFs like H1 and H4 into it. My bias seem to be quite random, depending on the IDEA i see at the time. Sometimes i would enter with sometimes against current HTF momentum, candle colour. The chart below looks i was scalping H4 momos (against the color).
Any advice? Thank you
Tomek
Your lines are well spaced & your risk is only 2 or 3 lines, so nothing wrong there.
Draw a line [in the vicinity of] 2 or more closing prices, in a narrow price range, and either trade away from
it from the marked chart or from a smaller chart.
As a general rule, you only draw lines that support your idea; you never build walls in front of your trade.