Hi Nomoretoxic- thanks for posting your system here- the simple systems are always the best!
If I follow your strategy correctly you wait for a break out of the high of the "box" with the breakout candle closing above/below the line and then wait for a pullback.
Does the pullback have to pullback inside the box to be valid or if there is a sharp move up followed by a down candle outside the box does this constitute a valid move signalling an entry?
many thanks
Mark
If I follow your strategy correctly you wait for a break out of the high of the "box" with the breakout candle closing above/below the line and then wait for a pullback.
Does the pullback have to pullback inside the box to be valid or if there is a sharp move up followed by a down candle outside the box does this constitute a valid move signalling an entry?
many thanks
Mark