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Now you are getting too complicated already. The whole idea is to get it easier. As Avery says, see what is happening and trade it. I add my own crutches to support my decisions.
The basic concept is simple beyond belief. If the hour is trading down you should be short, if the hour is trading up you should be long.
It really is that simple. Yes, some hours are more important than others. 0700, 0900, 1200, 1900, 0200, and 0300 EST are all very important hours for market movement due to the opening or closing of various markets around the world and you will tend to see bigger movements during those hours.
Other than that, just learn to trade it. Lets allow others to analyze it.
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