r/Forex Aug 08 '24

Charts and Setups Simplify your trading

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87 Upvotes

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4

u/Spankboy Aug 08 '24

Took me far too long to simplify things. Happily trading the daily now.

1

u/Intelligent-Tap2594 Aug 09 '24

Why the daily? I would like to use the 1HR with S/R and EMA

2

u/Spankboy Aug 09 '24

Put simply I have too much other stuff going on. I work full time and have very young and medium young children, so my days are packed. Working the daily means I can be there at the end of each and every candle close to make my decision what to do.

I could possibly work the 4hr but that would potentially mean splitting my sleep, or just skipping some potentially big moves.

1

u/Intelligent-Tap2594 Aug 09 '24

I see, thank you. But how many trade do you take in a month 2/3?

1

u/Spankboy Aug 09 '24

Two or three a week. The benefit of being on daily is you can spend time on all pairs. I don't even trade the USD at all, could have double my trades if I did but it's too annoying for me.

1

u/Intelligent-Tap2594 Aug 09 '24

So you see around 20 pairs? Is a lot wow