Nice BO, now 5 hours of consolidation. I expect another BO after this rest, but could be in either direction.
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DislikedLawgirl and gang,
I'm very interested in your method, however I cannot find yet your entry rules for the BO entries. I'm so sorry but reading the 900 pages is almost impossible.
I wonder if someone can outline some simple basic rules? Like waiting for a H1 candle close above/below the BO lines, then move to smaller timeframe and enter at specific price action.
Thanks a lotIgnored
DislikedThe H1 4 candle breakout set-up:
A. This is a price action (PA) trade and the weekly RSI direction does not need to match the direction of the trade. Because this is considered a "fast" trade...meaning over in a few hours at the longest...only the H4 and H1 candles need to confirm direction, but they will do that if PA moves in the desired direction.
[size=3][font=Cambria]B. You will be looking at the bodies of the first four H1 candles of a new trading day., whenever that is...Ignored
DislikedHad a good run during asian session, we'll come back for more prior New York. CheersIgnored