I would like everyone to take a minute and look at the enclosed 15min chart of Aussie Index.

I always talk about how profit starts at the Daily Open line, well to make life that bit easier I have added the Daily background Candles to give you a more visual experience of what Price looks like off the Daily Open line.

The Daily Open line on a Blue UP Daily Candle is at the Bottom of that Candle's body and on a Red DOWN Daily Candle the Open line is at the Top of that Candle's body.
Visually, it is very easy to see and if we look at the 15min chart we can see a Blue UP Arrow displayed last Thursday. From there, on Friday, Monday and Tuesday Price was staying above it's Daily Open line and Blue Daily UP Candles were generated each trading day. From the 15min TF perspective we were in BUY Mode Only each and every day. There were a couple of days where Price did go below the 15min MA lines but it did not break BELOW the Daily Open Line indicating further UP movement was still in play. As a matter of fact these moves are known as Golden Nugget moves because the Bottom Semafor was still ABOVE the Daily Open line and tend to produce lovely jubbly Pip$.

I normally trade the 5min TF but I will look at the 15min for oversight prior to taking trades and the Daily background Candle helps pave the way with my Directional Trading Analysis. Decisions, Decisions, Decisions are all about Directional Play. You do not have to overcomplicate things, it is not rocket science but it can make a huge difference in your trading results. So you might want to keep in mind where PRICE IS OFF THE DAILY OPEN LINE.

I will post this update later in the week for everyone's perusal. Like everything I post, keep what you like and discard the rest.
Xard777