5M 日内参考点 (5M Point of Reference Intraday)
After understanding the basics of HH, HL, LL, LH to determine immediate direction, it only takes one point of reference to make trading decisions. The 34, 52 and 70 exponential moving average are used here. I'll be mixing live trades with examples as the trading year progresses.
These first two live trades show 1 loss and 1 win on the gbpjpy 5M chart.
These first two live trades show 1 loss and 1 win on the gbpjpy 5M chart.
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