HAVE A ROCKING MONDAY

HOW TO IDENTIFY AN INTRADAY TRADE ?

1. Breakout of Two day HIGH-LOW.

2. Identification of Time and Sale window

3. Pivots Playing

4. On Identification of Candlestick and confirmation of Stochastic and MACD initiate a Buy/Sell

5. Identification of Support/Resistance

6. Identification of Overbought/Oversold using RSI/MACD/STOCHASTICS

 HOW TO SETUP A TRADE STATION SO THAT YOU CAN IDENTIFY

1. Pivots

2. Buy/Sell Signal

3. 1-5 minutes tick with 2-3 days charts to identify 2-day breakout.

4. Stochastic

5. Bollinger Band

WHAT YOU SHOULD WHEN IDENTIFY THE TRADE.

1.On Support Buy double keep a stop loss of 1% and do half scalping and if trend continues then remain in trade.

2.On Resistance sell double keep a stop loss of 1% and do half scalping and if trend continues then remain in trade.

3.Buy - Double Sell – Buy do half scalping

4.Sell – Double Buy – Sell do half scalping

KEEP IN MIND – BE CLEAR

In downward market when stock in going down and all of sudden a buy volume occurs it doesn’t mean that selling is halted its only mean that some of the seller have booked their profits.

DO’s AND DON’Ts

Only trade most active stocks check their trend beforehand.