DislikedI have seen in his post that he is talking about 6 gmt.
That is also on first post.
B,
TIgnored
I agree with you. I think the confusion comes from the words up day and down day.
Peter determines an up day/ down day by watching the location of price action in relation to the close at 12midnight. He will then take an inside bar breakout trade from 6am GMT in a direction away from the Close of price at 12midnight.
DIBS on EU yesterday:
1. The red horizontal line is close of price at 12midnight (GMT)
2. The highlighted inside bar is occurred after 6am GMT
3. We only take trades to the down side because we are in a down day (well below price close at 12midnight the prior day).
Z