sold GU at 1.353 level sl 1.3545, sold EU at 1.203 sl 1.3036 ; bought Uchf at 0.9733 sl 0.9724 and bought Ujpy at 112.65 sl 112.54...so all roughly 10 pips sl...lets see
Like some people said repeatedly to me: just trade with the trend I had to learn that truth the hard way ... Trend is clearly up in eurusd on all my timeframes ...
Hang in there! Touching again on subjectivity/objectivity. Is there 'edge' in breaking fluid price up into various time intervals? Why would there be 'edge' in doing that? What is driving EUR/USD higher?
I probably could trade of 1H only ... but having 2H/3H/4H on helps my overall reading of charts more clearly ... that would be my edge in having multiple time intervals ... don't know what is driving eurusd higher but there is a clear bullmarket on all of my charts ...
Also having multiple tf's on helps in sticking to my strategy ... 'like the proverb says: it's the sitting on my hands that made me money' ... but there is more to it, when the trade rolls along the timeframes it can help in setting targets when I might have a countertrade ...
I think we will go to 1.2350-ish that would be the monthly ema200 ... but I am purely sticking to daytrading ...