Disliked{quote} Hi Clive Do you mean gbpusd buy levels? If yes it might already have happened as it looks like move below yesterdays low has been rejected. I gave up trying to buy/sell levels, wasn't good enough to be consistent. Worked on the assumption that if reverting to trend there will be some reversal candles on 1hr to show the way.Ignored
You wait to see price react then once its reacted wait for a weak counter trend hrly candle and then join the trend? Is that right??
If so no wonder you were interested in this method could give you an even tighter entry to join the trend, so wait for price to react first then you know you've got the right level because price reacted to it. Hmmm clever stuff Mr V., clever stuff.
I've got a little EA you might like which just buys higher lows or sells lower highs, useful little tool if you identify a level you fancy price to turn at, just drop it on and if price does turn and you get your first HL it buys it for you. However if price drops straight through no HL then it does nothing, just lets it go.
Feel the Fear and do it anyway!!!