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Re: The road to Live Trading

Deez, Wed Oct 16, 2019 6:14 pm

This is my 2cents..most people don't know how to trade the 1 min chart.

1min min chart with 1 min expiry is suicide. 1 min chart with 5 min expiry is still risky but possible. You need to analyze the 5min TF but you have a slight upper hand because you are inside it(1 min TF).

Essentially you are trading a 1 5min candle so you need to know what the 5 1min candles are doing..if you get what im saying :cray:

See pic.

Pic 1 is when you don't wait for a 5min candle to close. In my experience( I could be wrong) most activity happens toward the end of a candle which is why trading 1 min expiry is idiotic. In a 5min candle the last 1 or 2 minutes is where the action happens.

Pic 2 is when you wait for the candle to close and everything still says trade up.

This is just my view..hope it helps someone.
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