DislikedJust to clarify (if I might yet again!) on the chart posted with above quote (post 811), your start of day (assuming vertical dotted line) is in the middle of nowhere. If you are going to use this you could not take that particule breakout trade because the breakout (long) was below the level of your days start.
Or have I got it wrong again!
From the point of view of seeing a "more robust break" I tried waiting for the close of the breakout bar, before entering a trade but I missed too many.Ignored
I've been looking at Yen pairs between 0000 GMT and 0500 GMT. The 1st trade was below the 0000 Open.
Indicators show the past. Price Action "Indicates" the future.