Dislikedit's nice to see people making sense of the system
keep the good work
cheersIgnored
As a member noted in her post that her husband was wondering if this method could work between 22:00 and 24:00.
I really think that this method can work anywhere consolidation is spotted at anytime on a 5 min chart. Look at today's charts just before the Asian open, on all majors, EU, GU, AU, Swissy, EJ, they all had tight consolidation maybe 30 or 40 pips then broke. Many times there is consolidation before the Asian session because the US market closes then there is a breather for a couple hours. Sometimes even during the Asian session consolidation takes place then breaks in the London session.If traded exactly as Nomo trades, I am pretty sure it will be successful, just look back at the charts.
Essentially, the method is combining a straight breakout method with a 1-2-3 setup, which is a simple but genius idea. So instead of just entering at a specific price a few pips from a high or low, the 1-2-3 set up filters the bad trades (though 2 false breaks in a row can occur but losing is part of it).
If trading at a specific time suits a trader's personality then good, if u can at anytime when consolidation is spotted then good also.
Thanks again, Nomoretoxic.