1 hour day trading technique...18thoct

Hi Remo thanks for the daily information, but Ig have a low of 5923 in the first hour. Is your figure to take account of another possible gap up?

Thanks

Tom aka MD

First hour high 5934
first hour low 5911

Add 2 points ether side for entry(do your own)
first hour Long entry level 5936 ,Target 27 points so 5963

first hour short entry level 5909, Target 27 points so 5882

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/4899609/1hour18thdec.png

DYOR

Sorry for the delay
First hour high 5923.9
first hour low 5901.5

Add 2 points ether side for entry(do your own)
first hour Long entry level 5925.9 ,Target 26.4 points so 5952.3

first hour short entry level 5899.5, Target 26.4 points so 5873.1

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.



DYOR

15min inside bar. + Div RSI, long entry at 5925, stop below 5917 or yesterdays lows, inside bar breakout level 5931

First hour high 5944.5
first hour low 5919(this is from yesterdays price as today it gapped up and did not get a proper low during the first hour as at 9am the price was still trying to make a low.This does not happen that often thou)

Add 2 points ether side for entry(do your own)
first hour Long entry level 5946.5 ,Target 29.5 points so 5976

first hour short entry level 5917, Target 29.5 points so 5887.5

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/4899609/1hourdec14th.png

First hour high 5948
first hour low 5930.5

Add 2 points ether side for entry(do your own)
first hour Long entry level 5950 ,Target 21.5 points so 5971.5

first hour short entry level 5928.5, Target 21.5 points so 5907

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/4899609/1hour13thdec.png