Disliked{quote} that's a new one. So a long trade on H2 is because we are establishing low?Ignored
No, your pending order or your market entry MUST be above the Short level on the 2 Hour which is the level above which we will have a confirmed "Low" (i.e. see further explanation in this post) .
Otherwise, remember that below the Short level, we expect the market to attempt to "Establish Low" meaning establish a new Low.
By definition,
(i) in a Short market, we expect the market to establish new lows.
(ii) in a Long market, we expect the market to Establish new highs.
On the 2 Hour, despite the Blue column indicator which indicates Long, the market is Short as long as it remains below the Short level, hence "Establish Low". If or when the market returns above the Short level, the application will indicate that we have a confirmed "Low".
Similarly, on the Day, despite the Pinkish Red column indicator which indicates Short, the market is Long as long as it remains above the Long level, hence "Establish High". If or when the market returns below the Long level, the application will indicate that we have a confirmed "High".
Compare Charts #1 and #2 in Post #56 above. Notice the 2 Hour timeframe changes from "Establish Low" to "Low" as per my explanation above :
Chart #1 http://www.forexfactory.com/attachme...9&d=1431511525
Chart #2 http://www.forexfactory.com/attachme...8&d=1431516706
Using the FIA, traders need only "Sell the Highs" & "Buy the Lows".