I will also trade DOW M1 during the NEO Session
1. Play The Market Open Drive (Catch the open breakouts etc)
2. Play the rest of the period post Open (after the first 20min) using Fruit method rules etc
However, I'd like to remind ourselves this.
What is the Fruit Reversal Entry For?
The Fruit Reversal Mechanism is for, like the name suggests, Possible Reversals.
The message is plain and simple.
But when we start to trade, we start trading every time we see the Fruit Bar Entry Signal.
*That ain't it Chief*
The Fruit Entry Signal is ONLY valid when the RUBBER BAND principle Apply.
You always have to ask, yes, lets do reversal but *Reversal of WHAT*
> has the market "Pulled away from the gator too far too fast?"
> has price broken all the levels and gone so far up so quick that it cannot sustain it?
For me I trade the OPEN Drive, as the name suggests, at the Open.
and I may utilise Box, momentum, fruit or box entry to catch the first move.
add on as much as possible keeping risk under control.
then soon after when price consolidates. Now I'll only trade the Setup breakouts, may use apple to get into next wave up. (I won't call it wave 5.)
so there it is. And I will post here one or two times, how the session went.