That's a very fast trade, which probably fits your personality. For 2 ticks you must make a lot of trades. I trade for 30, 100 and 200 ticks in my system, in time it might take 15 minutes to 3 hours depending how the market is moving.
There is absolutely no head and shoulder formation. Those H&S things were coined by professional writers who earned money by writing. The market is going sideway / ranging. It will continue to go sideways for the next few days/weeks/months ..... until the chart says otherwise. Subsequently, the market will : break up or break down
Seriously - it is NOT as Fast as you might think. Tell you what - if you and your buddy SimpleMeLike - have time - I will show you - explain in more detail. You might end up actually liking it - LOL. I think it was my first Post - in this thread - the First picture - shows the Range Condition. Without looking - I believe there was something like 12 or more trades available. Some I haven't mentioned yet - like near Support and Resistance - the way I do it - see the Red Arrows. Let me know if you want to come into a Zoom Room - I will show you. It doesn't have to be right now - or never - totally up to you guys. I am at my computer a lot - usually Coding - it is a sickness - LOL.
%% SPEAKING of 50-200 hindsight I just spotted [after market closeLOL] \ sort of a downsloping SPY head + shoulders on last 3 week candle charts, but thats SEPT hindsight . On mountain charts look$ a lot like head + shoulders, but up/sloping , but i so seldom use mountain + valley charts, may not mean much. I pilled a blood sucking single tick off me this week never did like ticks or even one tic if i could help it LOL...................... I got so interested in charts i missed going to metals dealer this afternoon Live + lifelong learn, back to my 777 day ma.
%% IF that'$ a 3 year fine\ but fist year is down\ sort of a 3 year H+SUptrending from $222or $244head + shoulders LOL. Cant tell much with out a 200dma on it
Just looked - here are a couple more Head & Shoulder setups - for the way I Scalp. The last Head & Shoulder - I might have put the wrong date - as it was Today - and this picture shows - about 9 minutes after the Second H&S on the previous picture - post #10.
%% LOL, no wonder , so many hate TA[technical analysis] 777 day moving average is still going up. Stock Traders Almanac noted ; SEPT is when stocks + leaves tend to fall\ on Wall Street, tends to be the worst month of all