Short GU +5 locked As a clarification to some that may be new on here or to the method. On my charts you see the red arrow I place manually. That is what I call my key. I am keying from that high or low bar. The actual trade is made on the next bar or as you would see as the current bar. I am entering the trade when it fails to get the new high or low and then passes through the open price of that bar.
Someone also the other day asked if I was "soon" on the entry. I believe what he was getting at was I often will enter the trade with very little or even no move toward the high or low. That is because many trades trigger that way. I prefer for the price movement to make a significant move toward the high or low and then turn and come back through. As you see on the GU it ran up about 8 pip before turning back down and a nice entry.