The Foresight Thread

For our European Scribblers:

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Someone was asking about hourly bars but I can't find the post. If anyone is interested in that level of trade, don't be shy about asking questions. Those who can't daytrade needn't avoid futures.
 
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I can take a minute now.

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You'll note that price gave it the ol' college try but couldn't gain traction. There were a couple of false starts on the 1m, no rets on the 5m. The op was presented when price dropped back below the SL.

Gotta keep tryin'.
 
I don't define support that way. Unless we're in a range, or approaching one, or we're in a trend channel, I just go where price leads me.

Are you interested in this or just window-shopping? If you're still working 9 to 5, you're pretty much limited to the hourly bar, in which case you'd still be in from 4522 or 4517.
 
dbphoenix said:
I don't define support that way. Unless we're in a range, or approaching one, or we're in a trend channel, I just go where price leads me.

Are you interested in this or just window-shopping? If you're still working 9 to 5, you're pretty much limited to the hourly bar, in which case you'd still be in from 4522 or 4517.
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Not window shopping, I do what I can between work DB. Still a one car engineer. I see your point on trend channel and hourly bars.
 
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