Mark out EQ of previous day.
For continuation higher you want to see the upper half respected.
For continuation lower you want to see the lower half respected.
Failure to respect, the continuation fails… so where does price go?
I was curious, so I fed Claude all of the $MNQ daily data and set the rules that @TTrades_edu used for his daily bias This is the resulting data. I would say it is better than most out there for bias.
I like to practise 2019/20 ICT because in this year he teaches IOFED as Low Hanging Fruit Entry. Use low of SIBI as entry.
Couple it up with Break-Away Gap and you have your self an Bread and Butter Entry Technique not a pattern but technique.
Buy Full Moon, exit New Moon
2010 - 2020 SPs-80 trades, 71.25% win rate, raw profit factor 2.59, during this 10-year period, no other day of the month tested out better when looking at exit 10 days later. Have not had time to update stats...but been tracking this for 40+ years.
$GBPJPY +1.5R LO-KZ MONDAY
DAILY ERL TO IRL (SIBI)
H1 FVG
SMT W/ EJ
M5 CISD
Forever.
Note: Messed Up the TP and entry. Could have secured a good 2R. Onto the next
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