BH-Eurofighter, Yes, the small time frames is usually for making some pips through scalping. Position trading(long term charts) makes more profits and it is easier since our SL is not easily hit.
it is pretty risky to trade by merely looking at the chart, the indicators and other tools are very useful and cannot be dispenced with.
I really think learning about trading naked very risk because it does not use any one indicator. you should at least understand and use the SR and SD.
"To become a money monster ( people who get a big advantage ),
the first time you become a master of self (the person who really knows and can control himself)."
---- JP Morgan ----