Overall, this is an experiment with a simple math based strategy that takes one the high of the day and the low of the day, to produce 4 key price probabilities from them. From there, I plotted the points on the chart, and this is what I found. This strategy is looking at price behavior at certain price points. This chart shows the price coming down through one key area, and coming back up through this same area for a major breakout. The price can be backtracked throughout the chart. Feel free to let me know what you think. I'm still refining but I would love to know what anyone else thought about it and what they see at these key price points.
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