Amazing how just several extra tools can make the same chart way more "alive"! I now see many great setups there in addition to my own... If take them all (what I am going to learn over time) it really will easily at very least double income per account unit thanks to many additional great swings caught...
rofl - I did that too. 1 hr falling knife and still got energy Earlier today gameplan - should have called it that - was big down, big up and bigger down. It's an educated guess based on 1 and 4 hr swings but needs fine tuned as day goes on. T/L cross at 5920 hourly chart. A cross is often an energy point. With a big line of emotion below us this could be a fun day.
Also noticed one thing: concentration on hourly picture makes holding for longer way more relaxing... Strange that I say all this during the day I really don't trade much (can happen to step away every minute when dad wakes up to see him), but today added some extremely valuable analytical discoveries...
Yoohoo, was I wrong in seeing a pin bar a few minutes ago, or was it just one that didn't work out ? edit: I just see you answered my question allready.
Price travelling exactly to where I guessed it should on hourly... Hey, seems like I'm starting to get a feel of how it is to hold according to hourly swings... Hope real trading will work the same way for me...
so you only take them at pivot points or when you really think the market is exhausted based on higher timeframes ?
That's why I said we should go for doubling your income this month for a starter. I gets real addictive. Still running on 1 screen cause I keep going, "Oh , look at that!" and then I'm in a trade and can't get these monitors set up.