So, who is 'wrong' here - you or TRO?
How many green arrows do you see?
How many red arrows do you see?
How on earth can NONE of those arrows be in-line with H1?
So, who is 'wrong again' here, you, or TRO?
And, you might wanna go read the RAT rules and stop getting Whiplashed to death in horizontal market segments. Son, you are barking up the wrong tree.
The primary function that makes all financial markets work is the mathematical relationship to Price over Time. That's: Price:Time, or [P:T] in the absolute. If you even THINK about trading against that singular principle, you won't be a trader for long. You just said that all one needs to do is
extend the "T" in that proportionality.
You need to learn the distinction between Ratio and Proportionality. Proportionality is derived from Ratio. Simply extended the the "Time," or size of the bar to 15 minutes,
does not alter the Proportionality. Only the Ratio changes and that by definition means that you have no way on earth to predict the event horizon of an on-coming Vertical Market. So, you ONLY increase the number and size of your losses. Why? Because of the Mathematics that you and all you other RATS fail to understand: the distinction between
Ratio and Proportionality.
If "Use A 10 Pip Stop" is the RAT rule of the day on an M5 bar, then would would your Stop rule need to be, in order to NOT blow-up your RR model using a bar that is
TREE TIMES THE SIZE?
Wake Up!
Your Stop now extends to
Use a 30 Pip Stop. But, you STILL don't have a
properly defined Target Level that is based on Magnitude. So, you only end up chasing your Rat Tail around the market, suffering even more Whiplash, and completely clueless (mathematically ignorant) as to WHY it is happening to you.
But, you say: Hmmmm. I don't change or alter my Stop range when using M15. I still use the rule "Use A 10 Pip Stop." Well, welcome to the world of mathematical impossibilities, because during the Peak of Magnitude Expansion (what I call the OmegaWave Expansion Phase - there are Four (4) OmegaWave Phases), M15 magnitudes will easily be one of the single most causal factors for running your misunderstood 10 pip Stop, thereby,
decreasing your overall accuracy per capita number of trades in any singular trading session.
I could easily write a book with what you do not yet understand about this business, so spare me the obvious misinformed correction about what I got "wrong" and "wrong again" on this point of order. Rat Minions, don't know 10% of what they think they know about
BOTTOM FISHING.
Maybe you should bone-up and learn something about what you are doing.
There's nothing wrong with "Bottom Fishing," when done right. But, you Rat Minions are blind. You have no idea about what "makes a bottom or a top" side market. Thus, you blindly enter these positions, throwing away 10 pips at rate that you cannot afford. Go get a good, clean back-tester and some good historical data. Run the Rat Rules through a good back-testing engine and post the equity curve in this thread - if you dare.
There is ONLY one way to win at this, given the TRO set-up, but it takes a larger bankroll than what most Retail Traders have and it also takes nerves of steel, given the high delta RR model that you must use. Most traders can't swing it that way, so you end up trying to use conventional RR on a
Magnitude-less strategy that in the long-run will get you flattened because you keep running into this guy:
Whiplash: