Understand the characteristics of the 5-minute and 15-minute charts; it is the market knowledge that lies between scalping and day trading
Timeframes differ between the 5-minute and 15-minute charts
This largely changes with the differences in zoom, but
the role as a phenomenon of the time axis does not change
It expresses the phenomena between scalping and day trading through the time axis
Scenes that couldn’t be seen on the 5-minute chart
become clear and understandable on the 15-minute chart
In actual markets, the concept of “front-loading” becomes more important
With hindsight technicals, the actual trades in the market can only be captured slowly
In other words, what is necessary is
to be trading in the trend direction before
someone says “this is the trend technically”
and to understand it’s a trending market by looking at the time axis
and then
enter at a pace that is “slightly slower”
The former is a discretionary trade done several times
the latter is a completely cautious trade
What becomes clear here is
both are trading concepts that consider both front-loading and back-loading
In other words, the concept of timeframes such as
5-minute and 15-minute charts exists within the market itself at all times
which makes such trades possible
To master timeframes, you ultimately cannot escape from speculation
If you could truly master it, you would “increase quickly,”
but since you cannot
speculation is acceptable
So you simply don’t need to engage in high-risk trading like gamblers
Risk control is far more important than risk hedging
A trader who can hedge freely and
also respond flexibly to the market at will
Only by practically handling the interactions between the 5-minute and 15-minute charts
can gains be elevated to outcomes
※ If you want to keep making money with FX, see here ↓
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