What a beauty this system is, having learnt Elliot wave theory in the past has done me wonders, seeing the 2nd, 4th , and 6th dot run into a trend with top down analysis based on higher timeframes down to the one minute , my great appreciation to XARD will never to depreciate, but increase as my knowledge grows reading through (well
I have a couple of questions;
Lets Assume im trading the 15min chart as my higher T/F SHORT bias, taking entry on the 5 minute chart after the 2nd dot stops repainting;
a. Does the candle on the 15min need to close before i pull the trigger on 5 min chart ?
or, b. Can I enter on the 15min intraday candle (as the candle in moving) and the 5 min is showing a closed pink candle (short) with EMA's already crossed. Do i pull the
trigger if everything aligns
the reason I'm asking is because if i wait for the 15 min candle to the close , then the trend is sometimes about to reverse on the 5min,looking to take my stop out, this FOMO does annoy me sometimes getting in to late.
Just let you know the following image is the template I'm using to scalp
Replies would be much appreciated.
Thanks