I mix fundamental and technical. I have data spreadsheet of all fundamental data and use that for long term direction. I then trade on 4 hourly charts looking for technical set ups in direction of long term trend
I use a similar process as well.
In general I use MTF (multiple time frame) analysis for the instrument I am trading.
Using that information I determine the current trend state across all time frames.
When I see the lower time frames, coming into sync with the higher time frames, I consider that supporting evidence of the general trend.
Then within the lower time frames, I analyze for high probability candle patterns which I have identified that typically have a statistical probability of 80%or higher.
I then look at the Daily ATR for the instrument, and set my take profit at 75% of the ATR value.
For the stop loss I use 30 pips. If a trade has to go beyond 30 pips, then it's just pointless to hold it, it's a bad trade, and the shorter term trend has probably changed. No big deal.
If I close it out, and the price moves back to where I needed it to be, I reopen the ticket and wait for it to close out again, either by Stoploss or Takeprofit.
Also, I trade as small of units or lot sizes as possible to limit my exposure to the markets.
By stepping additional trades into my trading basket, while in profit, it also limits my exposure to the markets because each additional ticket I generate has been effectively covered by the previous tickets which are already in profit.
If it looks too good to be true, it's probably a scam! Let the buyer beware.