Trading Systems Day 2

This blog is a continuation looking at trading systems, in particular the 1 - hour trading system.  

Today is Day 2 of trading systems, so what did the markets do today?

1 Hour Trading System

Day 2 - 18th August 2015

Today's first hour has 38 point range.
The First hour high : 6564.55
The first Hour Low : 6527.79

Long entry is 6565...Target 6603
Short Entry is 6527...Target 6489
Stops are 38 points and Targets are 38 points for Today.

This falls into the acceptable points range so a trade would have been placed today.

(Charts created using MetaStock Pro 14, Try it now for free for 2 months - MetaStock Free)