Well, the method i use requires me to stare at my screen all the time - im getting fed up with it. I have had success, but i want more, perhaps im just a greedy *******, lol. By tne way, is that your Ferrari in the picture ?
I use pivot point breaks of R1 + S1 - thats it. The problem with it is that it requires great Patience, you have to watch the screen like a hawk, then act quickly and decisively. Often i find that there is a reversal as well.
I also use high / low stochastics. If there is a strong signal of this at the start of the trading day, it usually gives a good indication of the days close.
Company car hey ?! Impressive. Who did you work for ?
if you want to be really profitable, check out American shares intraday for good trends then you don't have to sit and stare waiting for the dow to trend, there's lots of other oppertunities, you need to put in some work to make real money
Merlins, if you are just watching for the price to cross R1 or S1 then place stop orders at those levels to get you into the market when they are hit. That way you don't need to constantly be watching the chart. Although if you are spreadbetting I think the only company that will allow that is D4F.
If you deal direct then IB will even allow you to attach a stop order to your stop order. So when it's hit and puts you in they automatically place your exit stop for you as well.
I used to work for a specialist car dealer - we used to take all sorts of things home / use for weeks on end whilst they were trying to be sold / prepped. You name it, I've driven it / thrashed the pants off it.
Unfortunately they are no longer in business - perhaps it was me ragging the product all over the place and not selling it enough that did it ??