Practic Lesson 02
Stratching and folding on the charts
The figure below shows an example of my yesterday's sell trade. As you can see, everything is simple.
Nice post! About timeframes below 30M I have to say perhaps there is 'noise' at brokers or MT4 but not in price action. Maybe it depends per instrument ( I notice big differences in for example BTCUSD but Forex and DAX/DOW quite ok). A few trading friends trade 1M every day, have to be careful with spread issues but 'noise' not at all. About your BTCUSD 30M entry; you entered at the high (pullback), interested why there perhaps you can explain. If I load BTCUSD 5m I see a nice entry down at the pullback TL break (sorry)
