Hi everyone,

My apologies for not being on the thread lately but I have been busy trading HK50 during the first couple of hours of opening in the Asia time and trading the Dow during the first couple of hours of it opening in the US time. In between I catch up on sleep.

I know a lot of people like to trade the 4hrs charts but that tends to involve carry trades that I try to stay away from as sooner or later you end up getting caught in some kind of backlash that will be devastating for your account.

Most traders will opt for 1hr trading and very few will look at 1min but I would like to point out that if you make 100 pips on one trade then you have some leeway with your next trade and so on. If we can identify when the market moves then we can close in on potential trades with a high success rate.

Take a look at today's trades during the first couple of hours of the Dow opening bell - marked with an orange box - there was in excess of +500 Pip$ in trades after price had crossed the trend line on the 1min. OK, I am not saying that you will go out and make all these trades each and every day, but the potential to gleam a couple of hundred Pip$ during the first couple of hours of the opening bell is possible. The plus side is that you are in and out of your positions inside two hours - no risk of a carry trade which means you get to sleep like a baby, rested and ready for the next day's trading.

One other thing, watch closely the green/red Semafors for BIAS CHANGE - expect PRICE TO HOLD at the 2nd white Dot off these green/red Semafors followed by a MASSIVE move off the 2nd white Dot (usually towards the next green/red Semafor. This strategy applies to ALL time frames but plays out much quicker on the smaller TFs. - sorry for the rush job with the graphics but my dinner is ready.

IF YOU WANT TO BE 100% SUCCESSFUL WITH YOUR TRADING THEN SIMPLY TRADE OFF THE 2ND WHITE DOT

I am showing you the Dow chart as I know a lot of you do not want to be getting up for the HK50 (which by the way made way above in Pip$ than the Dow did today). Still, here is the chart - go figure.
All the best
Xard

PS As a rule I tend to have 30min & 5min charts open during my trading hrs but with this setup we are pleasantly surprised with the 1min.