Hi
just reading posts and came across this, purple line only relevant for 1M. Is it still a guide for the higher time frames as it still applies when the trend is confirmed that the line will be in the correct position relevant to price. Or should you discard it on the higher TFs
Perfect setup 1 on M1 but against purple on M5
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- immy
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Re: Perfect setup 1 on M1 but against purple on M5
its a matter of preference. what's important is consistency once you take the decision of using or not using it, stick to it. e.g. Using Fruit concept i have simplified my chart and use only 3 indicators but for S1 setup one might need all the support that is a must for S1 setup. Change is good but if you don't know what you're changing then it might be dangerous. Lets stick to basics and stick to the rules.Taffy wrote:Hi
just reading posts and came across this, purple line only relevant for 1M. Is it still a guide for the higher time frames as it still applies when the trend is confirmed that the line will be in the correct position relevant to price. Or should you discard it on the higher TFs
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
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