sold GU at 1.353 level sl 1.3545, sold EU at 1.203 sl 1.3036 ; bought Uchf at 0.9733 sl 0.9724 and bought Ujpy at 112.65 sl 112.54...so all roughly 10 pips sl...lets see
Like some people said repeatedly to me: just trade with the trend I had to learn that truth the hard way ... Trend is clearly up in eurusd on all my timeframes ...
Like some people said repeatedly to me: just trade with the trend I had to learn that truth the hard way ... Trend is clearly up in eurusd on all my timeframes ...
Touching again on subjectivity/objectivity.
Is there 'edge' in breaking fluid price up into various time intervals?
Why would there be 'edge' in doing that?
I probably could trade of 1H only ... but having 2H/3H/4H on helps my overall reading of charts more clearly ... that would be my edge in having multiple time intervals ...
don't know what is driving eurusd higher but there is a clear bullmarket on all of my charts ...
Also having multiple tf's on helps in sticking to my strategy ... 'like the proverb says: it's the sitting on my hands that made me money' ...
but there is more to it, when the trade rolls along the timeframes it can help in setting targets when I might have a countertrade ...