LessonThis is a lesson restated in new words. Any figure in it is an example from the source, not this desk's record.
Harry Sharp says that the click is about five percent of a session trade: choose a side, find a clean spot, then send the order. He says his public tracker wins a little over seventy percent of the time, near seventy-three or seventy-five, mostly at one times risk. Three live years, five-figure months, and a world-cup remark are his account and the host's framing, not an audit.
Why it matters
Asia, London, New York, the cash open, and the power hour are separate windows. He works about an hour to ninety minutes, then stops. One finished four-hour bar is about a session. With no chosen side he can sell a low, buy a high, and sell again.
The idea in plain words
Only two finished bars vote: yesterday's daily bar, and the four-hour bar that closed before this window. The four-hour bar still building is the session, so it is ignored. Matching up-closes favor an up window. Matching down-closes favor a down window. A one-hour bar is too short to stand for the prior session. Disagreement is a mixed read. The daily bar weighs more, the weekly story breaks the tie, and tomorrow's daily settlement is not his hold.
The weekly chart is the manual. Up structure means peaks and troughs both rising. Down structure is that picture turned over. Anything else is chop, checked by comparing the last peak with the prior peak and the last trough with the prior trough. A daily rally that is already dear needs a named reason, such as Nasdaq earnings. He marks levels weekly and daily, only near the trade, and he skips gamma. Daily resistance at the open is a question. Buying it is, his word, silly. Bullish bias there waits for a fade, then a buy, or for a real break. Some days he does nothing.
How to use it
The zone is shelfless travel on the four-hour and the fifteen-minute. Bullish days buy a clean zone under price, low or mid-range, and mid-range is fine after the daily bar settles. Paying the high under daily resistance is his cowboy label. Nasdaq aims are something like fifty to eighty points, not eight hundred or a thousand, and a daily level is confirmed only when that bar leaves it. A downtrend map sells the same high. A fully bearish read prefers it. Lines sit on closes: up close then down close for resistance, and the mirror for support.
Dips through old levels are trapped liquidity, so bullish bias buys them instead of selling a supposed break. A wrong bias leaves him flat. The trigger is a close through a small range, on the fifteen-minute unless the tape is busy enough for the five-minute. Beginners stay slow. Two opposing bars minimum, then one strong close, which he does not buy. For the spring, the next bar makes a high and the one after trades down. A buy stop sits at that high, with protection under the breakout bar. Hairline wicks fail. He nearly cites five Nasdaq points, then refuses a universal number. Do not chase a breakout bar above about half the range. One short was about fifty-one points of candle versus about seventy-six of range, so he wanted the pullback.
One times risk is the base. He says about seventy percent of next bars match the break bar's business. Otherwise use the first fifteen-minute or one-hour obstacle. No resting target. At one times risk, slide the stop to flat, bank early in the week, and keep a runner only from a low location. A vertical push near twice the risk is closed. One New York replay showed about four thousand dollars open, and he sold into the speed. He works nine-thirty Eastern for about an hour, and levels die only on a close of their own timeframe. If London has already trended, he waits. The pre-interview Nasdaq tape would not sell a bullish dump lacking both a closing break and a lower wick. He passed the first one-times-risk print and left on the vertical push. Near four forty-five his time the next morning, the same rules measured about one to one point four.
What usually goes wrong
The job order is fixed and the judgments are not. Misses include shorting a bullish open dump, chasing a bar larger than half the range, and treating a fast poke as a daily break. The hit rate and the five-figure months stay his tracker and the host's framing. Two replays are not an export of that tracker.
Questions people ask
What if the daily bar and the four-hour bar disagree?
That is a mixed read. The daily bar is the heavier vote, and the weekly map breaks the tie. Overhead resistance can mean a pass.
Where does the spring stop go?
Under the bar that closed out of the range. New traders use that bar's low and add no fixed tick pad. Experience can tuck the stop inside the bar. If the spring fails, the buy stop never fills.
Why is one times risk the base target?
He says about seventy percent of next bars carry similar business to the break bar. The other exit is the fifteen-minute or one-hour level that ends the zone. That ratio is his description, not an audit.