DislikedThe principle is to look at the market after around 6AM GMT as this is toward the end of the asian session.
Your graph is looking at IBs before this.
Take the basic principle ie sell weakness,buy strength.
You could apply this to other chart patterns.
The basic idea of taking profits then having a free trade combined with buy strength sell weakness is important.Ignored
please look at this snapshot quoted from Peter's post. What confuses me is the entry time. Someone mentioned we should look IB only after 6:00 GMT. But in many snapshots of Peters, he played IB before 6:00 GMT, even @ 1:00 GMT, such as the following image shows:
I am sincerely look forward tohearing any comments on this.
BTW, may i know the indicator that can show the IB's low and high and the previous day's close, as shown in Peter's image. Thank you!
best regards and nice weekend
Joey