Well I'm in the second month of trading and so far not consistent to say the least but I'm learning. I mark up S/R in higher time frames then drop to the lower TF looking for decent entries like 3 line strikes, 3 inside up etc that print on 21,50,200 SMMAs and aim for the next level of S/R. it seems like a good scalping strategy but needs some tweaking, suggestions are very much appreciated I'm testing to see if I can use divergences as entry confirmations but often times another HH or LL forms before the price decides to go in the direction my trade. or in patterns like triangles, the price breaks out of a trend line just enough to convince traders like me to enter a trade and just a couple of candles later when you think you're green, it turns the other way. Now that learned about cycle highs/lows, impulses and retraces, I'm putting it to test to see if it yields any rhythm if I wait for the structure to break and then enter on first retracement which is something I've stubbornly been ignoring now that I'm looking back I've learned a lot from you and @SunTrader in the past few days, hats off to you.
I've struck gold here, been studying your post for the past few hours, think I couldn't have asked for something better
EURUSD makes up 58% of DXY so looking at it for guidance, basically a mirror image, is not of much use.