Disliked{quote} Great time for both of you to dig out the rules / tutorials for H2 entry here, I gave a big hint on what to search for in my previous reply......you did enter on the correct H2 bar fwiw, now let's create a habit of using H2 and not the H1, you will notice Dana and Shaun continue to give out rules for visuals and entries on the H2 not the H1.Ignored
Rules for consolidation.
1. You can trade either short or long in consolidation.
2. The 2 hour is your trading/trend chart.
3. Use the Daily Chart S/R as reference for consolidation.
4. Trade from resistance to support and vice-versa. Do not trade from center in consolidation.
5. The 2 hour ROMAR is the Major Support and Resistance for the whole system.
6. The 2 hour EMA is the secondary Support and Resistance for the whole system.
7. Never trade during a MAJOR (Red) economic release.
8. Clean up your trades 5 minutes before a major economic release.
All criricism are welcome and will make me a step forward.
Thanks guys.