NOW THAT I GOT MY FEET WET AND HAVE GAINED SOME SKILLS AND CONFIDENCE ON HOW TO TRADE WITHOUT OVER-COMPLICATING ANYTHING
I THINK IT IS TIME TO FOCUS ON HIGHER TIME FRAMES - THIS SO I CAN MAKE MORE MONEY AND RIDE MY TRADES FOR A LONGER PERIOD OF TIME
I STILL LIKE THE ACTION I GET FROM MY 15 MIN CHARTS - IT MAKES TIME GO AND IT MAKES ME FEEL LIKE AN AWESOME DAYTRADER AND ITS STILL EASY TRADES AND GOOD MONEY
BUT I WILL ADJUST THE COUNT ON THE LINEAR REGRESSION CHANNEL TO 200 TO STAY ON TRACK WITH THE BIG PICTURE AND MOST RECENT PRICE ACTION
AND I WILL SET SOME NEW ALARMS TO GET A HEADS UP WHEN PRICE CROSS THE 200 SIMPLE MOVING AVERAGE ON HIGHER TIME FRAMES. THIS SO I DONT MISS ANY GOOD ENTRIES BUT THERE IS NO WAY I CAN SIT AND FLIP CHARTS ALL DAY LONG TO CHECK THAT ACROSS. WHY SHOULD I - NOW WHEN I HAVE MY OWN SCANNER THAT GIVES ME THE ALERTS
I RATHER MANAGE MY OTHER ONGOING TRADES AND LOOK IN PROFITS ON THEM ALL.
I NOW GET ON SO MANY ALERTS THAT I BETTER REMEMBER THE RULE THAT I ONLY TAKE A NEW TRADE AS I HAVE SECURED THEM ONE BY ONE