4H: WKLY TYPE 1
Apologies for the confusion. If you tend to use both pending orders and market orders on the 15-minute timeframe, it suggests that you use a combination of strategies depending on the market conditions.
Using pending orders allows you to set specific entry and exit levels in advance, which can be useful when you anticipate price movements or want to wait for certain conditions to be met before entering a trade. On the other hand, executing trades at the market price provides instant execution without waiting for price movements, which can be useful when you perceive an immediate trading opportunity.
By employing both approaches, you have the flexibility to adapt to different market situations and choose the most suitable method for each trade. It's important to select the appropriate trading strategy based on your goals, risk tolerance, and market analysis.
Using pending orders allows you to set specific entry and exit levels in advance, which can be useful when you anticipate price movements or want to wait for certain conditions to be met before entering a trade. On the other hand, executing trades at the market price provides instant execution without waiting for price movements, which can be useful when you perceive an immediate trading opportunity.
By employing both approaches, you have the flexibility to adapt to different market situations and choose the most suitable method for each trade. It's important to select the appropriate trading strategy based on your goals, risk tolerance, and market analysis.
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