NQ 03-16 (1200 Volume) 2_11_2016DR12post.jpg (247.5 KiB) Viewed 949 times
Yep- I get it- Closing above-below line- Follow bars- Not wicks etc. But what I see in the same pattern is probably the most common market alogrythm setup there is. The boy'z at Goldman call it the ambush trade. ( Not that I ever traded there- but know someone who did). The pattern is objective - quantifiable and measurable. Combine it with the other things I see mentioned in your thread ( at high's and lows of the range ) and it's like $$ in the bank.
This is the same pattern from the hourly chart but executed on the smaller charts today with my live trades today. Building my short positions.
NQ 03-16 (60 Min) 2_11_2016ambush.jpg (142.39 KiB) Viewed 913 times