What do you think of my strategy for temporalities? optimized SEO

I want to do intraday operations and I have read that many traders use 1 hour time to find operations and then adjust entry/output in 15 minutes. But I think 1 hour is not short enough for me; I want to operate during the hours when markets overlap, when there is more force for trend movements, and I think the 5 minute chart will be better for me. My plan is to first look at the general direction in which the market moves in the daily temporality, to see if it is bullish or bassist tendency. Then I look at the 1 hour chart and drawing trend lines, patterns, supports and resistances, and a 200 minute SMA that I will use as additional support/resistance. My first rule is that daily and 1 hour temporalities should go in the same direction so that I take an operation in 5 minutes. The second one is not to operate against the trend. First I thought to use the 1 minute graph to refine the entry/out after finding operation in 5 minutes, but I changed idea; my plan is to use 5 minutes picompare mobile means in 5 minutes, with the period i want to use 1 minute or use the 1 minute to use the 1 minute to use the 1 minute to improve the 1 minute to adjust and I want the 1 minute to adjust the daily.

Why don't you try your strategy in several pairs and upload graphics here so we can evaluate it.

Success in forex depends mainly on the strategy you use. Make sure it's really profitable.

If your stop is big and your take profit small, you'll need an almost perfect strategy (and you'll be on an endless quest

Very good explanation! But yes, it is important to find a balance between stop loss and take profit.

The forex market is the most risky in the world. You can lose all your money in a second. So create a good strategy to protect your capital and profit.

Sounds good your strategy, but do you have any idea how you'll handle the side days? That's where most of them burn.

Good question. Maybe I'll use volatility filters to avoid trendless days.

I like your focus on temporalities, but watch with over-analyzing, you could paralyze yourself and never get in.

Yeah, I'm trying to simplify so I don't get frozen by so many signals.

Your idea of aligning daily and schedule is key, few newbies think so.

Thank you, it cost me several losses to learn to respect the greater trend.

If you are using pivots, use them as a reference, not as mandatory entry or exit zones.

Totally, I just want to be served as possible levels of reaction.

The RSI in M5 will give you a lot of false signals, better put it in M15 for less noise.

Good observation, I'll test it in M15 to see if it leaks better.

Don't forget to try everything in demo before, it sounds good on paper but the market is another story.

Sure, I'm not risking real money until I master the execution.

Do you plan on letting go of profit or taking quick profit?

My idea is to let run as long as the direction is clear, but to close partial if the impulse runs out.

Aren't you worried that the spread on M5 will eat you some of the profits?

Yeah, that's why I pick high liquidity schedules and pairs with low spreads.

Your plan sounds too beautiful, the market will teach you humility.

Hahaha, I know, but better start with a plan than improvise.

Why discard the 1M chart? I could give you more accurate entries.

I don't want to overburden myself with signals or go into extreme scalping.

The key is that your rules are clear and simple to apply in real time.

Exactly, I want to avoid doubt when the market moves fast.

In EUR/USD pivots work well in ranges, but in long trends it is better to follow the direction without contradicting it.

I thought so, so I hesitated to use them in trending pairs like the euro.

Having the temporalities lined up is the best you can do to avoid counter-operations.

Yeah, I'm looking for a diary, schedule and M5 to talk to me in the same direction.

Don't get obsessed with RSI signals; divergence is helpful, but don't marry her.

Thank you, I'll just use it as an extra confirmation.

Many lose by trying to perfect the entrance and forget the operation's handling.

I'm focused on both things, entry and management, without a good exit it's useless.

Use alarms for your key levels, so you don't need to look at the screen all day.

Good idea, so I can concentrate only when the price is near my areas.

The best operations are the most obvious.

That's what I'm planning: just operate when the market yells at me.