Still Practising. Clear overnight range had developed and price was stuck in it. So could only buy the lows and sell the highs to begin with. Then a down TL became clear, bar 4 was definitely a trade but whether I would have taken it is questionable. However once price made a lower low and lower high before bar 5, I'm certain I would have taken the bar 5 EMA RL short.
As you still between methods, would you consider TICK chart 612t side by side with yout 5m chart...it will save your time in half ;)
ReplyDeleteHey TST, thanks for the message and suggestion. Unfortunately I only have MT4 so the smallest TF I can get is 1 min. What platform do you use to get tick charts?
DeleteI use sierra chart with data from my broker infinity ..but these for infinity broker has futures only not forex.
ReplyDeleteHowever, recently sierra chart offering forex data service
http://www.sierrachart.com/index.php?l=doc/SCRealTimeFOREX.php