Thats some bullshit! lol I'll be back soon, been really sick for like 8 days, and have some issues with my other job, might have to bounce back across the country...again. Soon though, Im dying to get annoyed by some red and green candlesticks bouncing around all over the place!
Just looking at your trades again I have some comments regarding your first trade entry, you are focusing on the right reference areas, but it seems you are still entering trades and kinda waiting to see if price does what you hoped it would. You are on the right track because your short bias and entry level made sense. With a little more precision you can save yourself some of the anxiety that comes with candles that are the wrong color lol. Your profit target was fine. See the chart, real brief comments. Second trade, nice.
hard day with the SF...okay, "knew" it was going to be a long/buy day...waited until after 10am EST ec news release...thought it was going to explode upwards and went long...started to shrink back and shorted...should have knew it was just going to bounce off 20EMA...hard loss...see it here...
here is the bogger...I mean blotter...hard day trading the SF...could have been worse though...should have 'trusted that' 20EMA...anything else tell you it was not going to retrace and sell-off?..
You might want to use the 1 min chart to help time your entries. That way you can buy on a retracement rather than at the top of a long bar. It will mean that sometimes you will miss out on a move - but it's very important to not worry about that. You're after high quality setups - don't worry about quantity or trying to get every move that happens.
I would have both open at the same time - but really you could wait for a potential setup on 5 min then switch to 1 min. If you mark the support and resistance on the charts and other areas of interest, you don't need to have one chart fill up the whole screen anyway - so just resize them and put both on one screen if you need.
I do that a lot, use a 1-min to time my entries, micro-trend within the greater setup to help get in when price is more likely to move in my favor without heat.