In this strategy trader looks for ANY confirmation (in form of reversal either F.B. or B) of a resistance shown during first hour (most of the time during first 15 min of session open). It helps when the level is already established prior, so initial resistance happens around an…
In this strategy trader selects instruments that have dumped on pre-market and at open.…
Following are some setups for an intraday compression breakout. Entry/Stop (green/red inside box). The setup is predicated on: * Volatility contraction. I have a script scanning fir these intraday on 1m time scale in TC2000. * Overall daily direction UP (longs) * Global level breakout (as in the breakout you'…