Entry clues

Pips:

The top chart showing H-L of 1hrx24. over 50% of the time, we expect to see a bar of 10 or fewer pips. Obviously a lot of this is due to the dead hours in the market, but a good basis point. Next, the type of bar that’s like to follow ‘after 20’ pips have been hit, and the type of bar that occurs ‘before 20’ pip bar is created. A drastic shift in pip size to the upside suggesting that big pip moves follow big pip moves. (linear progression is shown for 12 pip bar sizes as well)

Capture

 

 

After a 12 pip bar (control on the bottom). Stats slightly favoring trading in the opposite direction of the initial bar. (d0 meaning a down move followed by a null move or Close-Open=0)

test

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