Lovely trade on EURAUD today. Simply trading the upward trend and finding a nice entry on the 15m Chart.
I used to personally trade higher TF only meaning i was chasing 200+ pips per trade but since changing my trading habits i've found i'm away from the charts a lot more, trades can take a matter of hours rather than days. Overall find it a much easier way to trade.
Very much a case now of set the trade and let it do it's thing without stressing watching the charts for hours on end. Saying that i will always encourage new trades wanting to learn to spend as much time as they can behond the screen backtesting, watching and learn new stratergys. There are SO many different ways people trade and i know some very succesful traders who trade both simliar way tomyself and one who trades a complete different way. It's finding what works for you and what fits best around your lifestyle.
I used to personally trade higher TF only meaning i was chasing 200+ pips per trade but since changing my trading habits i've found i'm away from the charts a lot more, trades can take a matter of hours rather than days. Overall find it a much easier way to trade.
Very much a case now of set the trade and let it do it's thing without stressing watching the charts for hours on end. Saying that i will always encourage new trades wanting to learn to spend as much time as they can behond the screen backtesting, watching and learn new stratergys. There are SO many different ways people trade and i know some very succesful traders who trade both simliar way tomyself and one who trades a complete different way. It's finding what works for you and what fits best around your lifestyle.