Thank you CuriosoCurioso wrote: Fri Jul 19, 2024 8:14 am Hello DaveTrader,
Thank you for suggestion, can share with us an example?
A nice M1 chart example can be seen from your last screen shot The trade is taken against the Square-Arrow and the set-up begins forming from the smaller Arrow semafor. Establishment of blue Index Entry gives us a clue that a pullback against the Square-Arrow is possible. Then we cross the Daily Open from 2nd blue dot and get an MA cross/separation. The ADR is not optimal but is on the buy side(= above Daily Open line). The re entry point includes a more desired ADR. Somewhere in there is part of that 46% daily gain...must have been early in the day
....goes to get H4 screenshot