1 hour day trading technique...18thoct

First hour high 6048.96
first hour low 6038.02

Add 2 points ether side for entry(do your own)
first hour Long entry level 6050.96,Target 14.94 points so 6065.9

first hour short entry level 6036.02, Target 14.94 points so 6021.08


stops are 14.94



sorry for the delay

First hour high 5952.78
first hour low 5937.10

Add 2 points ether side for entry(do your own)
first hour Long entry level 5954.78,Target 19.68 points so 5974.46

first hour short entry level 5935.10, Target 19.68 points so 5915.42

Please bear in mind the ftse is near major resistance so things can get choppy.
Ive noticed its best to be on the sidelines when near major resistance or support.

First hour high 5940.92
first hour low 5906.02

Add 2 points ether side for entry(do your own)
first hour Long entry level 5942.92,Target 38.9 points so 5981.82

first hour short entry level 5904.02, Target 38.9 points so 5865.12

Please bear in mind the ftse is near major resistance so things can get choppy.
Ive noticed its best to be on the sidelines when near major resistance or support.


dl.dropbox.com/u/4899609/1hour21dec.png

First hour high 5962.92
first hour low 5954.06

Add 2 points ether side for entry(do your own)
first hour Long entry level 5964.92,Target 12.86 points so 5977.78

first hour short entry level 5952.06, Target 12.86 points so 5939.2

Please bear in mind the ftse is near major resistance so things can get choppy.
Ive noticed its best to be on the sidelines when near major resistance or support.

First hour high 5956.65
first hour low 5945.85

Add 2 points ether side for entry(do your own)
first hour Long entry level 5958.65 ,Target 14.8 points so 5973.45

first hour short entry level 5943.85, Target 14.8 points so 5929.05

Please bear in mind the ftse is near major resistance so things can get choppy.
Ive noticed its best to be on the sidelines when near major resistance or support.

Hi maxinesDad
Thanks for that.
This is the problem when it gaps up. Its probably best if you dont take any price action in the first 5 mins if theres a gap up.This method does need refining by individuals.
Normally i would not take IG prices but you are right .As when i looked at a 1 min chart it shows the low at 8:01 am as 5911 then 8:02 as 5925 so it did not move that much in less than a minute. So best to modify the system to incorporate no trading levels in the first 5 mins if theres a gap up or down. otherwise it should be ok.
Thanks for that.
remo going back to adjusting levels again.