29.12 GBPUSD M5
Why trading on M5?
This is a question that deserves an answer. Yes, some may say that lower time frames are noisier and hard to trade, and I may agree on this and I find M1 also not suitable for me but, on M5, and especially on any broker with good/tight spread, this is absolutely perfect. And if you are on the good side, targets of x5 x10 and even x20 are achievable during the day. No need to overtrade, and no need to let your trade run overnight. I think we all should agree with this: that anything and any trade with an achievable and real and not surreal risk-reward ratio above 1:3 is absolutely great and if your trade management is right as well we should look for nothing else!
Re: [MM] MURREY MATH lines - Results are the name of the game.
193Nice said.sizabici wrote: Wed Dec 29, 2021 3:21 pm 29.12 GBPUSD M5
Why trading on M5?
This is a question that deserves an answer. Yes, some may say that lower time frames are noisier and hard to trade, and I may agree on this and I find M1 also not suitable for me but, on M5, and especially on any broker with good/tight spread, this is absolutely perfect. And if you are on the good side, targets of x5 x10 and even x20 are achievable during the day. No need to overtrade, and no need to let your trade run overnight. I think we all should agree with this: that anything and any trade with an achievable and real and not surreal risk-reward ratio above 1:3 is absolutely great and if your trade management is right as well we should look for nothing else!
It looks interesting on the TP/SL level indicator, is it self drawing by using fibo?
Re: [MM] MURREY MATH lines - Results are the name of the game.
194it is not self-drawing. I am using a preset ... manuallyjng640 wrote: Wed Dec 29, 2021 11:27 pm Nice said.
It looks interesting on the TP/SL level indicator, is it self drawing by using fibo?
Re: [MM] MURREY MATH lines - Results are the name of the game.
19703.01.2022 The first trade of this year AUDCHF M5
Re: [MM] MURREY MATH lines - Results are the name of the game.
198SHARING A BIT OF INFO:
FOUR MARKET PHASES
• Gives traders a “heads-up” on the
potential upcoming market phase
• Allows you to anticipate, and
prepare for, upcoming price
movement
• Traders that can recognize market
phases are able to identify the best
profit-making opportunities
• Tailor your approach to the phase
FOUR MARKET PHASES
FOUR MARKET PHASES
• Gives traders a “heads-up” on the
potential upcoming market phase
• Allows you to anticipate, and
prepare for, upcoming price
movement
• Traders that can recognize market
phases are able to identify the best
profit-making opportunities
• Tailor your approach to the phase
FOUR MARKET PHASES
Re: [MM] MURREY MATH lines - Results are the name of the game.
19904.01.2022 CADCHF TARGETTING X5 and X10 at least