Daily Bias Part 3

Daily Bias Part 3Lesson 4 of 115 min read

The retracement ladder

What a break of structure on one chart means on the chart above it, and why a small break against your bias changes nothing.

This is the most useful rule in the module. It maps every break of structure onto the chart above it.

Every break is a pullback upstairs

A break of structure on one chart is a retracement on the chart one step up.

  • A 15 minute break of structure is a 1 hour retracement.
  • A 1 hour break is a 4 hour retracement.
  • A 4 hour break is a daily retracement.
  • A daily break is a weekly retracement.

Read any break as a pullback on the chart above it.

Which is why small breaks are not reversals

This is the rule that stops you abandoning your bias every twenty minutes.

Register to access everything for free

The course is free. The account is only there to save your place and let us tell you when new lessons land.