If a 5-minute candle closes below the DR low, there is an 80% probability that the DR high will remain the high of the entire session.
09:30 AM – 10:30 AM (US Equities Open).
The high and low price levels established during a specific time window, typically the first hour of a session. _ DR _ IDR _ pillow talk with TheMas7er _ Thurs...
The methodology is built on defining specific price ranges during the first hour of a trading session to predict the remainder of the day's price action.
TheMas7er’s strategy relies on a "Confirmation" signal to determine the directional bias with a statistical probability often cited at : If a 5-minute candle closes below the DR
This report outlines the pioneered by the trader known as TheMas7er , specifically focusing on the rules and session-based structures often discussed in his regular community sessions, such as "Pillow Talk." 1. Core Concept: DR and IDR
Sometimes used for late-day sessions. 3. The "Rules of Confirmation" The methodology is built on defining specific price
The strategy utilizes specific "Defining Range" windows to set the day's boundaries: