Here is an illustration of some of the idiosyncrasy's (did I spell that right?) of trading hilo. I took that short off the arrow and was stopped at -16.4. I showed a trigger on 1h, 15m, and 5m bars. It got about 2 pips. Should I have taken it? Maybe not it was above yesterday's high which is cautionary, but many set ups fall into that category, some work, some don't. And you could call it a freight train also. But in any event I took it. The current hour shows technically a similar set up. The high peeked up above a mere .3 pips which qualifies it on the 1h. No trigger on the 15m or 5m. I passed on this one. It's currently at +18. I will wait for rule #5 when it shows.
these are the culprits....
