First - Divide each 390 minute trading day into 6 equal 65 minute bars.
Second - Follow the Mode to see if it is rising, which is bullish.
Third - Look for detachment, when an entire range is above the mode.
Fourth - Measure the range around the mode and project up from the mode.
Fifth - Count the time at the mode and use that as your count-down timer.
Sixth - Keep your stop far enough away to increase your chances of staying in the trade.
Tim
8:59AM Monday, March 23, 2015
Second - Follow the Mode to see if it is rising, which is bullish.
Third - Look for detachment, when an entire range is above the mode.
Fourth - Measure the range around the mode and project up from the mode.
Fifth - Count the time at the mode and use that as your count-down timer.
Sixth - Keep your stop far enough away to increase your chances of staying in the trade.
Tim
8:59AM Monday, March 23, 2015
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