Disliked{quote} Your chart actually answers one of the questions I had about the mornin' quickie. It's the reason why I did not take GU this morning. I am trading the method for a very short period of time, so I still have question marks.Ignored
What really is TOK_5H? I know some people hate the use of acronyms but ...
It is a way to look at the first 5 hours of the Tokyo market session and we all know that the Asian market session is usually lower liquidity compared to the London and New York market sessions. Use that Tokyo 5 hours range as an opportunity to trade the breakout of that narrow trading range. Simple as that. You can never short of ideas how to trade during the day time. Follow the higher timeframe and the 5EMA Typical Price,Shift+3. When the price breaks out, the TDI will show anyway.
This is 'keep it simple' isn't it?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett