A trader, having the trading knowledge, plan to take the position at a certain place and firstly decide place of loss and if traded position goes in favour the decision of taking profit depends upon a
special formation of
candles.In this way loss will be minimum and profit maximum.ALL time graph should be on the screen with some tecnical studies i.e, bolingr, macd, rsi and 5 moving averages.15 minutes graph is the pivital graph and when a
special formation of
candles take place the positin is taken and profit / loss is taken again on the formation of
candles.Before taking position the trader should decide, mkt is bullish or bearish, and it can be well judged from the three period graphs, daily, weekly & monthly.I have experienced more
than 70 % trades successful with big profit if not huge profit and minimum loss in case of unsuccessful trade.Market data is a deceiving activity and up / down of price rests only with technical machanism.