MightyOne wrote:courier12 wrote:...
" If price leaves the midpoint behind then you can use HOLO or a daily open.."
Are you refering to HOLO on any intraday timeframe of ur choice? or did u mean something else?
Also, if price leaves the midpoint behind, woudn't it also leave todays active daily open behind? In your chart for example, price is already way below daily open....or were u refering to a weekly open / monthly open / an earlier day open from a while back? Thank you
What I had in mind was that if price starts trading below the highest H1 open that you can elect to trade against the bias.
I use daily opens for the monthly bias.
So when price is above the current monthly midpoint and below the current daily open, you go long when price reaches the current daily open?