what setup are you speaking of? If it's already in the journal let me know the page and I'll check it out.
Page 220 and 224. Yes the idea or concept itself is solid, but like everything else in trading you have to rely on your experience to find the best entry. This is looking more and more like a massive short covering in the works. ES is trading above VWAP already and is knocking on Previous LOD. NQ trading just below VWAP as I type... Lets see what happens.
i enter orders on my chart which is 1000 volume. i like to have the 20 ema on it and when a bar is at the 20 if its a strong or weak bar i enter right below or above that bar in the direction of the trend. it works way more than it fails. i also keep the 5 min chart up to see targets and because it is the chart most traders use and i want to see what they see.