I had a significant research level up, which happened quite spontaneously after communicating with one trader on Skype. in fact, he briefly dropped the approach of one of the other speculators: "if I see three points in the last 5th minute of the session, where would i go for sure – ставлю на лист". I just softened a little for myself –
if a I see one point, where I would be guaranteed to go in the last session and see one for the penultimate one OR see two entry points only for the last
if a day is not torn, more or less smooth and adequate in general
… then put this action on the list
even after watching half of the lighttrader seminar by Albert Azimov, I started on the same 5m to watch as it went stock regarding gap, how the high or low went relative to the previous session.
all this catalyzed yet MORE understanding what is happening!
what , Certainly, begins to affect the result.. minus – takes more time to research, on 30-40% than before.
resume:
5m:
– I look at the smoothness
– I watch how I acted in and out of ranges
– I watch how the intraday levels went
– I see how the hi-lo went for the last session
– I watch how I moved relative to the gap
daily:
– Adequate, Smooth
– not torn, ie. few gaps
(in general, I give the daily less weight).
