After analyzing the situation yesterday, I made a couple of notes (actually noted before, but decided to fix attention).
1. I have always managed to earn more in a sideways or sluggish trend. On strong movements, I'm in 80% Lose, and in 15% take only a small part of the movement.
2. The main mistake is getting used to a certain phase of the market., playing against the trend and inability to recognize the change in market sentiment in time.
3. Working in the direction of moving averages is the most preferable. Sudden, sharp breaks, of course happen, but there are several times a year, and it is not very reasonable to bet only on them. A certain difficulty for such a strategy is the sideways trend., when all MAs are intertwined. It is at this time that you need to counter-trend., using oscillators and reversal patterns on small time frames. All the rest of the time – approach in direction, with corrections, naturally, (except in situations, when there is a powerful return). If “fan of medium” unfolds in any direction, this indicates the beginning of a strong movement. I yawned, stand up against “Fans” definitely shouldn't. This is a dangerous psychological trap (they say he didn't take the impulse, I'll take a correction). Overbought by oscillators, in such areas only indicates that, when you should not enter the market by movement, but it is not always a signal to enter a countertrend. Divergence is a much stronger reversal signal, but in these cases, scalp preferred. Any asset can be dragged or dropped for as long as necessary.
PS Consider, what timeframes I usually watch 30-60 minutes.
