Actual Trade Example
The 4-hour and 1-hour charts were showing buy signals.
I entered a trade based on a buy signal from the 1-minute chart.
The stop loss (SL) was set at the most recent low on the 1-minute chart.
Although it was a new order placed just before the London session, I trusted the signal and anticipated momentum following the market open.
I exited the trade near the recent high.
The blue vertical line indicates the entry time.
The yellow vertical line indicates the exit time.
The risk-to-reward ratio was 1:0.66.