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EURJPY speed scalping the daily

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First published at 09:48 UTC on August 5th, 2021.

Element Trader 15

Element15

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More practice. Using the daily to ensure understanding of the bigger picture and gain appreciation for how long a setup on the daily takes to materialize. A Wyckoff type cycle can take weeks/months... but whatever... we are using these as far off projections to aid in our orientation. However if you are on the daily and price is within an area like a trading range, with adequate patience and pattern recognition it is conceivable that you can catch a major turn around.... but that is infinitely easier to do n practice. I mainly use the 1 hour and 15 minute for intra day trading.

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