Daily Bias Part 2

Daily Bias Part 2Lesson 5 of 76 min read

Zone then entry

The four step zoom from the chart that decides down to the chart that fills you, and why the split is what lets a small entry hold a large target.

Back to gold, where the daily is bearish and price is rallying. This is how that reading becomes an order.

Four charts, four jobs

The zoom always runs in the same four steps.

  1. The daily gives the direction.
  2. The 4 hour or 1 hour gives the zone, with more than one reason in it.
  3. The 15 minute shows the sweep or the break inside that zone.
  4. The 5 minute gives the exact entry.

Each chart has one job, and none of them does another chart's job.

Why it is split that way

The high charts know where. The low charts know when, and they know it to within a few dollars.

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