Could this have really been a signal to not go long on this one? Even though it worked out, let's do the investigation.
Qualifier #1 was right, #2 was half right (didn't open above previous bar close as the one previous was lower), #3 was right, #4 was partially right (since open was lower, the prior two opens were not lower).
So in this case MOST of the qualifiers were right, just partially not, so maybe good buy.
I like the #2 and #4 filters the most since you can mainly see them on the chart. #1 doesn't seem to be the case a lot just looking in the past. #3 is too complicated...
Ooops correct chart....
http://picnac.com/images/3143gbpusd.gif
Qualifier #1 was right, #2 was half right (didn't open above previous bar close as the one previous was lower), #3 was right, #4 was partially right (since open was lower, the prior two opens were not lower).
So in this case MOST of the qualifiers were right, just partially not, so maybe good buy.
I like the #2 and #4 filters the most since you can mainly see them on the chart. #1 doesn't seem to be the case a lot just looking in the past. #3 is too complicated...
Ooops correct chart....
http://picnac.com/images/3143gbpusd.gif