April 20th, 2017 Trading Day


Went out to the market so missed the 2:30 breakout from the overnight trading range.
Signal bar is 2:30, enter on the open of the 3:00 bar and take it out at a 1 point target.
2:30 long trades have an 82% accuracy
2:30 long trades on Thursday have an 86% accuracy. 
Now at 4:00 it looks like we are back in a trading range.
We wait for another breakout and a signal bar.
So, the 4:30 bar gave me a long signal, it looked like a continuation of the breakout move.
But, it did not have any follow, the market pulled back and gave me a short signal at 5:30.
Gotta go with the system so flipped into a short position.
This can be a dangerous time of the day since it can go back into a trading range and flip flop back and forth.
The short trade ended up being taken out just after the open on target.

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