Extremely well explained and must admit to falling foul of using pre-data to place a trade when first started out.
I now use two very simple systems.
1. Never buck the trend.
2. Use multiple charts Ie; 5, 15, 30 and one hour charts with a fifth 1 minute chart. If its a 10 minute trade, then all last candles should be the same colour, and use the 1 minute candles to decide optimum time to enter the trade. As for signals, Ive found the tried and tested Bollinger and Stoch are excellent cooperating ones.
Its true that not so many opportunities present themselves this way, but when they do, th