Thread: Retractments
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Old 15-10-2004, 00:43   #13 (permalink)
nzbryant
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Hi Mick

Thanks for your posts. Very useful. Thanks.

A question: I often get confused with timeframes - Ill see a set-up in the hourly or 30m- go down to 5m or 1m and see the price going in the other direction, and trade the wrong way or get confused into doing nothing. Do you stick with the 15m regardless of what the 1m is doing? What if they are showing opposite trends?

Second qu: I change position size also on each trade - but how do you do that without losing 20 or 30 seconds to work out stop placement and size? (In a fast move I often get rushed into putting trade on with nominal size, and having to change it later).

Thanks
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