Wow...this is a nice style of trading...I like your set-ups. I have a question though, Quidsey...if you are around. On this post...I think post #5, the UC. You have noted on the chart that 'price needs to engulf before it comes back here' to a price level it looks like you might be interested in buying at.
I Have been curious about this aspect of price movement. Why does price have to engulf before it retraces back the price line you would be willing to sell at?
Apologies if you have covered this...i am looking through the thread now.
Cheers,
Bryn