Hi will, saw a guy using 30 sec charts for HS somewhere on ET, they looked quite clear comparted to higher timeframes, maybe an idea ...
Nice one. Last Friday I was saying I was expecting a change in structure and that would probably fit in with this item from Banjo... I wrote probably a sideways move with a 600 pip height and before the news release said it was up, up and away - one ATM to sit in and ride. Well we are up close on 300 pips for 4.5 days of sitting - how hard is that? Of course if you trade the swings there's a lot more than 300 pips available. The sideways channel is an educated guess and may not develop but one thing I was convinced of was that it was time to bottom fish for a big one. So what's the point? Daily gives you 4 hr - gives you 1 hr - gives you 5 min - gives you 1 min. Then according to your skill level you decide to trade it or swing it. It's usually not hard to get 600 pips out of a 300 pip range if you know what you are about. Money for old rope.
It was 4H resistance, 1H looking tired and with diverging CCI, 1min futures volume spike a minute before a reversal (with a wide range bar, typical for exhaustion) and 1min CCI divergence... So many reasons make some trades obvious no brainers to take...