Buysell
Top 3 Intraday Trading StrategiesTo get success in intraday trading, requires dedication, hard work, patience, quick wit, and immense knowledge. Successful day trading involves 10% execution and 90% patience.
To gain expertise in day trading and honing trading skills, it takes a fair amount of time. There are a number of Best Intraday trading strategies available for trading, but the success or failure of the strategy completely depends on the market. Maybe one strategy works in today’s market condition but may not work according to the next day’s market condition. Not only, does the movement of the market, but the intraday trading strategy also depends on the trading styles of the trader. It also varies at different times of the day, depending upon how the market is behaving.
Here, in this post, you will find Effective Day Trading Strategies, which you can use for intraday trading.
Intraday Trading Strategy :
1. News Based : News-based trading is the most traditional form of day trading. This type of trader doesn’t focus on the stock price and volume charts, they wait for information that will drive the prices.
The information may come in the form of a company announcement about earnings or new products; a general economic announcement about interest rates or unemployment; or just a lot of rumors about what may or may not be happening in a given industry.
Traders who do good with news-based trading , usually have some understanding and knowledge of the markets. These types of traders are not expert analysts or fundamental researchers, but they have enough knowledge about what kind of news would be in-favor or what would be taken poorly by marketers. They also pay attention to a few different news sources and also whenever they find the right opportunity, they place the order at the right time.
The downside of news trading is that there may be few and far good events; more often, the hype is already built into the price by the time you watch it. Many news traders turn to the scalp while they wait for something to create a little excitement.
Before you start news-based day trading, one thing you should keep in mind is that, this type of trading strategy is very risky as compared to other strategies. It also gives high returns on investment within a day.
2. Gap + B.B. (S20,2): This strategy is useful when the stock/ Index opens Gap Up or Gap Down.
After the gap, the stock shows a potential reversal sign, which can observe by the place of a candlestick or by a heavy volume event. You can fade the action and go in the opposite direction of the gap with a profit target at the start of the gap.
Rules:
Entry between 9:30 to 10:00.
Exit at stop-loss or at 3:25.
Bollinger band strategy is 20,2
30- minute time frame is required.
Big Profits and Small losses.
No need to trade every day.
Helps to stay away from the Sideway market.
Example for Buy Trade:
In this strategy, the stock should be open with Gap up or Gap down.
The First 30-minute candle should be untouched from the lower band.
As you can see in the above image, the first candle opens with a gap down and it is below the lower band.
The high of 1st candle is also untouched by the lower band.
Go for buy trade when the high of 1st 30-minute candle is a break.
Stop-loss = low of the 1st candle.
Example for Sell Trade:
The stock opens with a gap up and the 1st candle’s low is not touched with the upper Bollinger band.
As the low of the first candle is broken, enter in to sell trade.
Put the stop loss at the high of the first candle.
Note: This strategy gives best result for Nifty and Bank Nifty.
3. Morning ORB: The early morning range breakouts are also known as opening range breakouts. It is like bread-butter for many trades. The trading opening range takes skill and practice until you can turn a profit.
The early morning range breakout help traders to take advantage of the violent action from the flurry of buying and selling orders when the market opens.
Trading Range
The first 20 to 30-minute trading range is suitable for an opening range breakout. While you start trading practice using this strategy, it is recommended to start with a very little amount of capital.
The stock you select for the trade should be within a range, which is smaller than the average daily range of the stock. The upper and lower boundaries of the range can be identified by the high and low of the first 30 or 60 minutes.
Early Morning Range Breakout and Volume
The idea for go short on a break below or going long on a break above resistance is not as easy as you think. First, you need to understand the relationship between volume and price.
Volume and Price must be in harmony. When you short or long a stock, which has happed down or gapped up it must open with heavy volume and then retrace on lighter volume (indicating a lack of buying). Which confirms that sellers/buyers are in control.
Volume Is very important for every type of breakout which confirms the breakout before entry. If the stock price breaks the morning Support/resistance level with low volume, there is a high chance of a false breakout.
The image below explained that high volume during a breakout is likely to push price through key resistance.
In this 15- minute chart, you see that after a break of early morning resistance with high volume, the price starts increasing.
Volume is very tricky so you need to be able to predict the support/resistance levels accurately in order to find out good volume breakouts and set proper profit targets.
Disclaimer: The Intraday Trading Strategies discussed in this post is for education purpose only. We are not responsible for any Profit or Loss you made using these strategies. We hope that you like our blog post on Intraday Trading Strategies.
Goldbach levels explained The algorithm uses the following equation
3x3 =9
9x3 =27
27x3=81
81x3=243
243x3=729
729x3=2187
And so on…
These are our power of 3 numbers we want to keep in mind.
When we get the final result, charts will move 3,9,27,81,243,729 pips..or points or dollars at a time.
It employs goldbach levels using (po3) dealing ranges and completes objectives along each (DR) from low to high and back .
Why don’t your fair value gap or order fail to work sometimes but not always?
The dealing range you see has labels- each of icts pd arrays form and work specifically inside of the right level. Order block forms in ob
Fvg forms on fv
Liquidity voids ( long insane runs / candles) start from the lv levels ONLY.
breakers form in br
Mitigation block is mb
Rb is rejection block
If you are a Fvg or order block trader you need to understand this. The algorithm will only form the correct structure in the correct area…again like all ict concepts, it is completely fractal in nature.
Each po3 number has It’s own dealing range and smaller ones (3,9,27) all work inside of the higher ones (81,243,729)
From high to low is just these numbers in amount of pips ..
27 dr (dealing range) is 27 pips and so on, they are made up of a premium and discount also
Buy in a discount, sell in a premium..ya once 0.5 is a premium market
Since I’m on the daily using more time to swing, I’m using a 243 and 729 dealing range.
We are bearish. The algorithm is perfect.you have to open your mind to see what’s really happening…..
Importance of a Stop Loss🔴 A stop-loss (SL) is a limit order that specifies how much loss you are willing to take on a trade. It prevents you from making additional losses on a trading position.
🟢 A take-profit (TP) works as the exact opposite of a stop-loss. It specifies the price to close out a position for profit. When you have a take-profit order, the trading platform you are using closes your position automatically when the price level is reached.
These tools are beginner friendly and are usually effective for short term trading.
The first thing a trader should consider is that the stop loss must be placed at a logical level. This means a level that will both inform the trader when their trade signal is no longer valid, and that actually makes sense in the surrounding market structure. There are several tips on how to exit a trade in the right way. The first one is to let the market hit the predefined stop loss that you placed when you entered the trade. Another method is to exit manually, because the price action has generated a signal against your position.
I advise you to use Stop Loss for EVERY trade that you open. Trading without a Stop Loss is a huge risk and it requires specific strategy and experience.
Market Makers Buy And Sell ModelThe market Makers' Buy and Sell Model is a strategy that reveals the market maker algorithm model for price delivery.
Basically, there are 3 things market makers' algorithms do with price in every trading session, day, week, and month
Those 3 things are; Accumulation, Manipulation, and Distribution.
AMD:
A: Accumulation
M: Manipulation
D: Distribution
1. Accumulation: They accumulate liquidity through the delivery of a ranging market.
The purpose of delivering a ranging market is to induce both buyers and sellers to enter the market thinking that price will go in their direction.
How to Identify a Ranging Market: You know price is in a ranging market when you see obvious relative equal highs and lows price range.
In a ranging market, price swing points have relatively equal highs and lows, that is, the price is neither delivering a higher high nor a higher low.
2. Manipulation: After accumulating both buy and sell orders, they then manipulate the market to further induce another set of traders which are breakout traders.
But, that particular manipulation move is not their intended direction for the day. They only use it to gather liquidity, Which will then lead them to the next action which is to move and distribute prices in their real direction for the day.
Usually, when price breaks out of a ranging market, the break-out is a manipulation to further induce a new set of traders to enter the market, further proving liquidity for market makers' real intended direction.
3. Distribution: After manipulating the price to a particular direction different from their plan, they then distribute the price to their original intended direction.
e.g to buy, they will first sell the market and then buy at the discount price level.
You know a price distribution through clean candles that left imbalances behind and then break market structure away from the previous manipulation move structure high or low to form a new structure.
Example of Market Makers Buy and Sell Model as described on the chart.
AMD:
A: Accumulation
M: Manipulation
D: Distribution
Accumulation: Price range for some time, accumulating liquidity on both sides of long and shorts.
Manipulation: Price broke the high of the accumulation to take out Buyside liquidity and then create a new higher high and higher low. But it's a manipulation move.
Distribution: Price moves away from the FVG leading to a shift in market structure, plus a short pullback, follow by a massive move to the downside to take out sell-side liquidity below.
Entry: Your entry should be inside the FVG created by price before the shift in market structure, you can set a limit order inside the fvg and place your stop loss at the high of the swing high created prior to the fvg and shift in market structure.
The same thing applies to a bullish market.
Basically, Marker makers push prices higher so they can sell the market at a premium, while they sell the market to lower prices so they can buy that market at very discount prices
This strategy can be used in any time frame and all markets including forex, crypto, stocks, future etc.
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Feel free to ask me any questions in the comment.
An extremely easy but super efficient investing ruleIt's actually disgusting that it would be so easy...
Countries approaching socialism: Sell & Let them starve.
Countries abandonning socialism: Buy & Hold.
It's barely more complicated than this.
Most African countries have been living in absolute misery probably because after the soviet union stopped sending them free stuff, the european union and americans have been taking pity on them and throwing free stuff at them. To feel good about themselves. All this has accomplished is enabling awful (even much worse than the soviet union's) anti business anti ownership regulations, the people need to be pushed to the limit and have nothing to lose and nothing to hope for to make a change, all these "helpful" organisations sending food clothes medicines, all these altruist doctors, they are responsible for misery in Africa.
If they think they are going to heaven for their "good actions" boy do I have bad news for them (:
With the US stock market in a bubble and nearing explosion I'd say it's not the time to invest right now.
The whole world will feel the shockwave.
Some GDP growths:
I've been looking a bit at Rwanda but just to get a better idea, to be able to more easilly recognize when this happens ELSEWHERE, I will not invest in a country of murderers.
While the herd is getting all excited by big US names and new techs (dot coms, crypto...) AFTER the gains have been made, anyone will a brain bigger than a walnut should look for everything that is undervalued, it should be a habit. I am a speculator not an investor but I figured this is how you do it. I am not saying there is no speculating, actually investing in some 3rd world unstable countries you better be prepared to lose then totality of your investment, but it can also go way up.
Imagine this: some complete ruin of a country, worth zero, simply mentionning its name and investment in the same sentence makes your average person laugh.
The harder they laugh the bigger the potential. "The people" are ALWAYS wrong just do the exact opposite.
Also, if the population of the USA gets butthurt and jealous enough they WILL vote socialist I can guarentee 100% it will happen if they get salty enough.
Just like Donald Trump could win the election in 2016.
And when that happens, all the world economies relying on free innovations coming from "evil capitalist" US will crash. Forget GDP growth. Plus there's the climate religious freaks that want to conquer the world.
Also europe free ride on the back of the US military will probably be over. They're going to have to spend their own money.
Having ideals is cute when you have a large nation doing all the work for you, or when you have huge Oil exports and literal unironic millions of slaves.
But when reality knocks at the door, it wields a baseball bat.
Always remember: During the white revolution Iran experienced double digit growth.