avarus, Please excuse my ignorance. What does ICE stand for, you are not talking about the Intercontinental exchange.
Now beware that your basically playing breakouts breakdowns, so you will always get a pop in opposite direction. Keep stop out of noise and should be fine. ICE is a Wyckoff term vertigo.
value at the 60 minute trendy break... 1440..1450, everything else is garbage. 1390-1490-----> 1440 is 1:1 R:R
<a href=http://www.hankpruden.com/MTWyckoffSchematics.pdf>This</a> will tell you all you need to know. Wyckoff springs (bottoms) and thrusts (tops) are false-breakout formations. Adherants talk about "jumping across the river" when resistance is penetrated to the upside after a false breakout to the downside, and "falling through the ice" when support is penetrated to the downside after a false breakout to the upside.
its the pop I dont like....... to much risk for me to know if Im wrong. I like to get in at the exact high and the exact bottom..... that way I know if I am wrong right away. Just my preference...
I agree apex, and your way is the least risk probably, but will take more trys to catch the turn. Both work well.