- Go long at 22:06 if the market’s daily low follows its daily high and the current price is higher than that day’s low.
- Sell short at 22:06 if the market’s daily high follows its daily low and the current price is lower than that day’s high.
Exit: stop loss (80$), take profit (120$), at 22:14 at market
The following user says Thank You to foxfox for this post:
Foxfox thank you for posting your rules, but I am still a little confused. Maybe it is your English which is fine and maybe someone else on here can explain your rules in more detail.
Can you please use the words "Yesterday's High of the Day or abbreviate it as YH, "Yesterday's Low of the Day or YL. " and "today's High of Day or HOD" and "today's Low of day or LOD" in your explanation? It would help clarify I think.
Thank you! It does look interesting.
Do you mean?
Go long at 22:06 if the current price is higher than that day’s low.
Go short at 22:06 if the current price is lower than that day’s high.
I think this means if the price has retraced since the high/low for current day.
Meaning in the last few minutes its not making new highs/lows.
Which in some cases we see it making new high/low even in this time period at the end of the day which would be no trade.
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