Bias signal rules
June 12, 2023 - 2:47 am
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Each session can trigger two bias signals, the morning’s A.M. bias signal, and the afternoon’s P.M. bias signal. The A.M. price levels are calculated from
Each session can trigger two bias signals, the morning’s A.M. bias signal, and the afternoon’s P.M. bias signal. The A.M. price levels are calculated from
Reviewing each of an entire week’s mornings in its Bias Strategy context for real examples… Scroll down for the sidebar notes displayed in the video.
The bias system compares price action to a fixed price during a fixed time, to determine the target and/or range for the next 60-90 minute
A bias window’s price action that develops in its label’s direction is considered “strong-handed”, or “weak-handed” if the contrary direction develops. That is context for
An active bias that triggers a target at the next higher resistance is labeled “Bias-up”, and a signal targeting the next lower support is labeled
The bias signal’s timing is fixed, at 10:15 AM ET and at 1:20 PM ET. All aspects of the bias logic are also fixed, and
The bias system’s windows are fixed, which means that they open and close at the same time, each day. Price action that precedes a window
Probing a bias signal might not resolve cleanly and decisively at its 10:15 A.M. window or its 1:20 P.M. window. Touching or overlapping a bias
A cleanly triggered A.M. bias signal at 10:15 or P.M. bias signal at 1:20 can be invalidated at the bottom of the hour at 10:30
The bias target or offsetting test of a cleanly triggered bias signal is often not met before the bias window lapses. If left outstanding, and
When price is between both signals at the A.M. 10:15 bias window, or at the P.M. 1:20 bias window, the status is NO-BIAS. The bias
Trending beyond either bias signal, after becoming too late to trigger, is “no-bias trending” that requires retracing to the broken bias signal. -The requirement is
Bias levels are calculated from patterns that formed by that session’s close. Their prices can be responsive if tested, triggering a reaction or an acceleration.
Exceeding not only the bias signal but also its target at 10:15 or 1:30 will trigger RENEWED BIAS-UP or RENEWED BIAS-DOWN. There is no grace
A passive bias is triggered when a bias signal’s probe has not been maintained when the bias window opens. This is labeled “Reverse bias”, because
REVERSE BIAS will trigger when a bias signal test is held through the A.M. bias window at 10:15. Holding a test of both bias parameters
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