Disliked{quote} Hi F, we have some excellent traders in here. probably the best in FF. What we all have in common is that we say price is going somewhere, and we can exploit it. i am more hit and run, as i am in life and others are more sedate , except hunting the daily range. Trade well.Ignored
Your 08:15 concept is what a trader needs to know, regardless of how they want to execute that candle -
it could be based off MA cross; at S/R; at some pivot point or your style a pure breakout.
1 candle, any candle because that will be the reference point. (I called it 1 LINE, ok it can be 2 lines HL of that candle)
Coupled that candle (LINE) with Frequency of how often price will return to that candle/line.
If you have that statistic and arm yourself with a good recovery system and that is all there is about trading.
to execute order on that candle - to each his own strategy.
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