1 hour day trading technique...18thoct

First hour high 5933
first hour low 5916

Add 2 points ether side for entry(do your own)
first hour Long entry level 5935 ,Target 21 points so 5956

first hour short entry level 5914, Target 21 points so 5893

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

First hour high 5918
first hour low 5908.32

Add 2 points ether side for entry(do your own)
first hour Long entry level 5920 ,Target 14 points so 5934

first hour short entry level 5906, Target 14 points so 5892

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

That's why I am watching from the sidelines for now! ;o)
But enjoying learning how this works and anticipating trying it once things settle down a bit.

sorry for the delay.

First hour high 5910
first hour low 5896.7

Add 2 points ether side for entry(do your own)
first hour Long entry level 5912 ,Target 17.3 points so 5929.3

first hour short entry level 5894.7, Target 17.3 points so 5877.4

Please bear in mind the ftse is near major resistance so things can get choppy.

DYOR

This is a risky stategy buying HIGH ! Can work but overall you will lose trying this method. There are other ways to trade short term in FTSE. So today I would short again around 5920 with a stop around 5940 and go long around 5888 stop around 84

CT79 wrote: Remo,

What figure do you have for the major resistance?

Thanks

CT79

resistance on ftse
5932,,,