Hi,
I was wondering if anyone could suggest a method, or any indicators to use, which are effective in judging the directional bias of the first 5 minute opening bar of the day.
I am struggling with coming up with ideas, as most indicators require past data, which obviously is not available at the start of the trading day.
Any help or advice is much appreciated. =)
I was wondering if anyone could suggest a method, or any indicators to use, which are effective in judging the directional bias of the first 5 minute opening bar of the day.
I am struggling with coming up with ideas, as most indicators require past data, which obviously is not available at the start of the trading day.
Any help or advice is much appreciated. =)