Yes this is obvious I have been lucky enough to see skilled participants at work, and it is clear that once they have accumulated enough experience, they simply anticipate or adapt to the current context (based on higher time frame charts). After that it seems that the key is to 1) frame price action accurately, and 2) learn to recognize repetitive behaviors that present the best odds of success. In the market I trade (Emini) I am seeing at least one (1) and usually two (2) reasonable intraday swings after the first hour. Catching one of them is usually sufficient provided you're able to manage your emotional issues and hold long enough to overcome expenses.
Good for you. If whatever your're doing works for you then, by all means, stick to it and milk it to the last drop. The problem with most traders these days is with short attention span. They just can't seem to stick to any one strategy. They go from strategy to strategy without fully understanding what they've done wrong. Also, needless to say, no amount of strategies (or backtests) can replace years of experience. Many coders turned traders seem to neglect this at their own peril. They believe coding in Python and running backtests will somehow bring them easy success. Keep on dreaming!
Yes, I understand your frustration Initially most of these threads represent "infantile" requests for information from folks who don't really want to do the work to figure it out (for themselves). On the other hand, the subject is important, as the answer changes, depending on whether the firms that dominate the index markets (my area of expertise) are moving markets toward a specific "magnet" price or are taking profits (because they anticipate having to report earnings). If there is a "real" answer, it is that there are several approaches that work well, but for retail (small account) participants, probably the best chance to make a living doing this is to learn to recognize scalp entry opportunities using VWAP as a basis (because most of the automated systems use it as a "key" point of reference.
there is no consistence strategy that you could use to average 30%/month and keep going to make living. Blowing out is pretty much a guarantee. Now if you are talking trading in a set period of time like 3 months , or in a competition, trying to run a small account into big one, that's different. An experienced trader can make 100% a month provided a good market condition. I don't think they want to do that tho. Top traders don't trade for big gain they look for consistency.