@myleogb have you ever looked at this?...when price breaks a horizontal 62% Fib on vol and news (w3 generally) there this very simple repetitive pattern which is easily picked up, price pops outside the BBs on vol then retraces to the 9 ema , now if support is found at the 9ema in that time frame then that`s where the trade is,.ie if its outside the BBs on a 2 min chart and then retraces to 9ema support on a 2min chart then that`s where that particular trade is, but if it closes below the 9 ema on the 2min chart then we need to look at the 5min chart and so on till it finds support at 9ema, and then also reverses strongly up through the 62% Fib in that time frame...most often for day trades this happens on a 15 min chart (after the open and morning froth)...but also daily charts like we have with IPD at the moment..I`ve been back testing and also trading this system for months and its highly accurate!.. I did 5 today on IVX from 2 min to 30min. ..its just another way to isolate the 62Fib break and back tests really but way more accurate...exactly the same as we have here on IPD..
