Dislikedok.. here is my chart... for me.. until the yellow trendline is broken.. it is a down trend.. lower lows.. lower highs of the day...
today was a 23.6 retracement... a good one... you can go for it.. but now maybe can go down another 1000 pips...
I'm sideways until confirmation.Ignored
15 min charts do not show market trends, just current movements of no more than a day or two. A trend is not established in a day. Your system may work of course, I just had a gripe with people last week telling others not to buy against the trend when the trend was in fact always northwards, the reason for not buying was a breakout/panick not a trend. I kept my mouth shut not to ruin the fun, oh well. Good luck.
Virtue finds and chooses the mean.
Aristotle, Ethica Nichomachea