neil
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This approach is called step trading albeit (for those that have come across it) it reminds one of the approach favoured by Nicholas Darvas;
Make of it what you will but I like the idea of support/resistance levels which is probably another name for "steps" or "consolodation levels."
Stairstep Breakouts @ Forex Factory
Make of it what you will but I like the idea of support/resistance levels which is probably another name for "steps" or "consolodation levels."
Stairstep Breakouts @ Forex Factory