The setup in short:
- M5 impulse of at least 35 pips from a marked level after 08:00.
- Wait for the first pullback to the 38–50% area of that impulse.
- Entry on an M1 rejection candle, stop beyond the pullback low/high, target the impulse extreme first.
The other thing I learned: GBPJPY spreads at 08:00 can be ugly. Several entries had more than 3 pips of spread, so I added a rule to skip the first five minutes after the open.
Has anyone tested day-of-week filters on yen crosses? I'm unsure whether this is a real effect or just a story I'm telling myself about a small sample.