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Here is another shot an hour after the open. So far a -.382 extension of
yesterday's range was support. Then the dynamic midpoint(red) was tested
after breaking above a 1/3 retracement of today's range(yellow dotted).
Then today's open is being tested(magenta). For those who are interested in
the code, Timothy will have it in his free download area later on after he
posts a notice. Honestly, the code is extremely simple and nothing exotic
and perhaps can be improved on. Perhaps if anyone comes up with a tradeable
system on the concepts they will share it.
have fun,
bobr
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