So today positive 4-30 above yesterday's close is a confirmation for yesterday's trigger to go long? Hm - so if the afternoon brings about a gap close instead, meaning that we be negative at 4-30, the trigger holds and you wait for a confimation tomorrow at 4-30???
Ok - so now lets look nicely. This be an ENTRY position for Simon's system? Presuming you got stopped out on the 2nd Sept, failing which you're still long, high, and sitting pretty. To me it looks like a risky entry position.