1 Hour Trading System - Day 3
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Trading Systems Day 3
This blog is a continuation looking at trading systems, in particular the 1 - hour trading system.
Today is Day 3 of trading systems, so what did the markets do today?
1 Hour Trading System
Day 3 - 19th August 2015
Today's first hour has 47 point range.
The First hour high : 6509.06
The first Hour Low : 6463.39
Long entry is 6510...Target 6557
Short Entry is 6463...Target 6416
Stops are 47 points and Targets are 47 points for Today.
This falls a little bit outside the acceptable points range but I would still place a trade.
(Charts created using MetaStock Pro 14, Try it now for free for 2 months - MetaStock Free)
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