Now we know why neenster posts from a private Island, surrounded by half naked native women. or men, not too sure about that ;-) Imagine how many hits et would get if instead of the usual horseshit, trades like this hit the board with regularity. I'm holding my breath.
doesn't really matter what signals you use. a 1 min chart will give off a larger number of possible entries than say a daily chart. there's more erratic movement on lower timeframes.
Not larger number of signals in relation to sample number of bars, absolutely not. The only problem with low timeframes can be, when volatility is too low and signal has not enough room for a movement to be worth taking it.
intraday trading vs longer-term trading results in a much larger pool of potential trades. it really shouldn't even be a debate. even factoring in the amount of bars. the data is smoothed out a lot more on daily and weekly charts.
I have nothing against you thinking so. As for me, relative to the time amount, amount of trades on smaller time-frames is larger indeed. Relative to the sample number of bars, no, if the market is volatile enough, it is not even always possible to distinguish the time-frame if you hide the time and price scale.
Only a genius can trade gushing wind and see trends and use 5 tick stops.Great signals you have in kung fu trading. It is more profitable in fast high volatility with 40 t0 50 pip bars on 15 m, and there no clear trendlines or set ups ! and the old addage on genuises applies
LOL, I am far from thinking I am any close to being genius. Just some common sense used, fine tuned entry on small time frame within the context of bigger one. Very simple really, if you invest some of your time into watching a few time frames simultaneously.
i'm sure you can find a subset of data where this is true, but over a full year it is not the case. my setups use oscillators on multiple timeframes. i've found the lower timeframes to be almost a random walk a large % of the time (large enough to make the risk/return not worth the effort). given the choice between trading a 4 hour chart on multiple currency pairs vs trading a lower timeframe on one pair, i'd gladly go with the higher timeframes across multiple pairs for the same # of entries. less bs moves and cleaner charts.
I am in no way trying to convince you, that your setups are the same on all time frames. Only saying that my setups on small time frames have about the same hit rate as on large. Probably that is the reason why I trade basically just EURUSD currency pair using really small time frames for entries.