EURUSD
The pattern for the last few days has been that Franky is taking it to the nearest hourly level & then London sets the trend of the day. Or you can argue that Franky is setting the high or low of the day.
Assume the pattern holds, it was a long at the Franky low on London pullback. I'm long at 147, SL at 12. I'll move it to BE once the first 15M high of London breaks.
The pattern for the last few days has been that Franky is taking it to the nearest hourly level & then London sets the trend of the day. Or you can argue that Franky is setting the high or low of the day.
Assume the pattern holds, it was a long at the Franky low on London pullback. I'm long at 147, SL at 12. I'll move it to BE once the first 15M high of London breaks.
This is the inverse 15M chart. The price is above the Asian box (below on actual chart). But you have your opposite bar trigger.
It is also possible that it just ranges below the Asian & then breaks lower as well.
Yes, youre rght
This. If it makes a new low (break below 11), then it is a break. But as I am tying it, it broke above the Asian low. I mean broke above 20.
This. If it makes a new low (break below 11), then it is a break. But as I am tying it, it broke above the Asian low. I mean broke above 20.
I was stopped out on this, I did not move it to BE. It was up 9 pips, but -2 in the end.