maybe it's a downtrend day since almost 2 hours it hasn't touched the ema20 yet. I'll not trade because I'm not sure, unless I see very good setup.
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I prefer the 2 minute version, makes what happened setting the day's low something you could have easily scalped . Noite the bid/ask delta is not getting any closer to zero. Need those Euro time zone traders to hang it up for the day.
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glad I didn't buy first ask later during that spike up. I really was tempted to. Anyone know why the spike up?
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anyway, now assume we have the range of the day, so divide by 4 and wait.
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