another college try

Quote from college ruled:

Really want to get away from scalping rather make one or two low risk high probability trades each day. Make my assessment early in the day, buy/sell let it ride for the day or two.

Is there an easier way to do this anyone?

Use and study higher frames.. personally I use a 4900 tick chart for watching daily movements as a whole
 
Quote from KingJedi:

Use and study higher frames.. personally I use a 4900 tick chart for watching daily movements as a whole

Ok, thanks. I'll bring up a 4900 tick chart right now. Was looking at the 30 min spread out over the entire display.
 
Dont use one just because I do.. as you said with your anti book statement... figure out what works for you.. but really you should read up just to foster new ideas and possibilities, a good understanding of theory of probability would also go along way
 
Quote from KingJedi:

Dont use one just because I do.. as you said with your anti book statement... figure out what works for you.. but really you should read up just to foster new ideas and possibilities, a good understanding of theory of probability would also go along way

Can you give me a bit more direction to go with that theory of probability? How to apply it to trading decision making..explain?
 
Put in a LOT of face time with the charts yesterday think I spotted a pattern.

Putting in a little work with the SIMULATOR today to test out my new found "insights". :)

Capturing more pips per trade by cherry picking is the result I'm looking for.
 
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