GBPJPY - M15 pullback example
I really wish I had been watching THIS pair more closely. Anyway, recall that a bounce had been called earlier. It came down the same way it went up, only with a much better setup. M15 had an RSI pullback setup. The RAC was below 10 and very flat, which makes this setup near perfect.
After the bounce up was completed, M1 triggered and then M5. M15 crossed the green HAC line within the same period or just after. This is the kind of nice, clean succession we want.
Now if only I can get myself to find THOSE setups instead of the choppy crap!
I really wish I had been watching THIS pair more closely. Anyway, recall that a bounce had been called earlier. It came down the same way it went up, only with a much better setup. M15 had an RSI pullback setup. The RAC was below 10 and very flat, which makes this setup near perfect.
After the bounce up was completed, M1 triggered and then M5. M15 crossed the green HAC line within the same period or just after. This is the kind of nice, clean succession we want.
Now if only I can get myself to find THOSE setups instead of the choppy crap!