Kreslik.com - traders community since 2006

Personally I don't think too much about it. Just look to the 4hr for direction, wait for the pull back and get in a semaphor on the 15m, try get my SL behind it and take what the Market coughs up.

That would be a nice addition. Love trading the semafors using Murrey Math for my S/R!

Btw, I traded 3 semafors on the GU yesterday all with a 10pip SL and 20pip target. Won 2, lost 1. 30pips profit! Goodbye squigglies!!!

TRO, How exactly do you know when the daily high or low has been reached? Isn't only until the day is over and price action is complete for that 24 hour period that you can determine exactly what the high or low was for that day? Price could open, make a high, drop and then near the end of the day ...

TRO, How exactly do you know when the daily high or low has been reached? Isn't only until the day is over and price action is complete for that 24 hour period that you can determine exactly what the high or low was for that day? Price could open, make a high, drop and then near the end of the day ...