Thread: 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.