1 hour day trading technique...18thoct

First hour high 5912
first hour low 5889.5

Add 2 points ether side for entry(do your own)
first hour Long entry level 5914 ,Target 26.5 points so 5940.5

first hour short entry level 5887.5, Target 26.5 points so 5861



DYOR

please bear in mind that the entry levels are near major resistance levels.
DYOR.

Remo,

What figure do you have for the major resistance?

Thanks

CT79

2 trendlines, one at 5914 and next at 5934 as for today

CT79 wrote: Remo,

What figure do you have for the major resistance?

Thanks

CT79

resistance on ftse
5932,,,

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