Dislikedyeah you have alot, if u read the 2nd edition u will understand why we dont trade in alligator mouth...I've been using this system and making enough profit on hourly chart, there is no system that do not lose but what matter is overall profit in ur trading ..
study and i look forward to see ur improvement when u post ur own chart and anlysis.
Cheers..DonIgnored
Trading in a closed (non-open mouth alligator) applies mostly where there is no volume ergo no chaos in the market. Once you get Frankfurt to open around 1 AM CST there may be some opportunity starting to show. The London open around 3 AM CST will definitely show some movement in the lower times frames 5M, 15M, 30M, and 1H.
Relating to the W1, a bullish or bearish divergent candle is invalid if the candle is touching the alligator.
The W2 may be entered once the candle completes though has issues being a late entry when there is little volume in the market. The low volume happens mainly on Sundays and sometimes Thursday going into Friday.