macro breakout trading in accumulation/redistribution phase simply traffic light system Yellow = fast profitable/ Best risk to reward Payday Trade Green = Long/Buy or take profit Amber = Risky trading area/choppy price action/ 50/50 Red = Short/Sell or take profit ..................figures for targets are always color coded on the price scale to your right...
SMALL CORRECTION ON WEDGE SETUP SIMPLE TRAFFIC LIGHT SYSTEM GREEN = BUY/LONG AMBER = RISKY TRADING AREA/CHOPPY PRICE ACTION RED = SELL/SHORT YELLOW = PAYDAY FAST PROFITABLE MOVES ALL AREAS OF INTREST/TARGETS ARE COLOUR CODED ON PRICE SCALE TO YOU RIGHT