I've been toying with using the masterpattern on 5 min charts and think it has huge potential to increase income streams. Check out VMY five min chart. This one pulled back to test the demand level for support which I think is the trigger for major winning trades.The pullback was the point where expansion phase changed to trending phase. It is not a strict daytrade but for income from the sharemarket it has huge potential.
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Day traders' weekend after-market lounge Dec 11-13, page-195
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