Scribd Logo
Upload

Welcome to Scribd!

  • 4K views

    15 Strategies For Intra Day

    Uploaded by

    Naruto Shippuden
    The document outlines various strategies for entering trades at market openings and during mid-day trading. Some strategies look for gaps up or down at the open, breaks of prior daily highs/lows, or engulfing candlestick patterns. Mid-day strategies focus on consolidations around pivots, rejections of gaps, and M or W reversal patterns. Many strategies suggest entering if subsequent candles break above or below defined levels within 1-2 hours.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    15 Strategies For Intra Day

    Uploaded by

    Naruto Shippuden
    4K views4 pages
    The document outlines various strategies for entering trades at market openings and during mid-day trading. Some strategies look for gaps up or down at the open, breaks of prior daily highs/lows, or engulfing candlestick patterns. Mid-day strategies focus on consolidations around pivots, rejections of gaps, and M or W reversal patterns. Many strategies suggest entering if subsequent candles break above or below defined levels within 1-2 hours.

    Original Title

    15 strategies for intra day.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document outlines various strategies for entering trades at market openings and during mid-day trading. Some strategies look for gaps up or down at the open, breaks of prior daily highs/lows, or engulfing candlestick patterns. Mid-day strategies focus on consolidations around pivots, rejections of gaps, and M or W reversal patterns. Many strategies suggest entering if subsequent candles break above or below defined levels within 1-2 hours.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    4K views4 pages

    15 Strategies For Intra Day

    Uploaded by

    Naruto Shippuden
    The document outlines various strategies for entering trades at market openings and during mid-day trading. Some strategies look for gaps up or down at the open, breaks of prior daily highs/lows, or engulfing candlestick patterns. Mid-day strategies focus on consolidations around pivots, rejections of gaps, and M or W reversal patterns. Many strategies suggest entering if subsequent candles break above or below defined levels within 1-2 hours.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 4
    At a glance
    Powered by AI
    The document outlines various day trading strategies focused around pivots, candles, gaps, retracements and reversals that can be applied from market open to close.

    For a gap up or down opening candle, strategies include going long/short if the price approaches or closes near a virgin CPR, as well as entering on the candle that breaks the low of the first candle.

    For an M reversal strategy, the day structure should be a range day and the price should retrace back or near the low of the day after making a high in the first hour.

    Strategies for OPENING

    Opening Drive Opening candle can be High probability trade if


    gap up/down OR low of the candle
    Close above PDH/PDL touches PDH/PDL

    ODR Close of first candle Entry on the candle


    near some resistance which breaks first
    candle low

    PPT First candle should Or first candle is taking


    engulf CPR support/resistance on
    weekly or monthly
    pivot near CPR
    Evening Star Gap up bearish Entry once the candle
    opening. First/Second closes below PDH
    close within PDH
    Morning Star Gap down bullish Entry once candle
    opening. First/Second closes above PDL
    within yesterday’s
    range
    Strategies for OPENING to Mid-Afternoon

    Virgin CPR Reversal Opening candle can be Short/long if price


    gap up/down OR approaches or closes
    Close above PDH/PDL near virgin CPR. Works
    well before afternoon

    RCR First 5 mins candle High probability if high


    should be a big red and CPR at same place
    candle and retracement
    happens within 1-2
    hours

    GCR First 5 mins candle High probability


    should be a big red retracement happens
    candle within 1-2 hours

    Gap Up Rejection Gap up bearish opening Short entry at close of


    with highs touching first candle
    some resistance
    Strategies for Mid to late afternoon

    CPR BO Market should Full body candle


    consolidate around CPR breakout is a good
    indication

    Gap down rejection Previous day or day If PDL broken, go long


    before should be
    bearish day or close at
    low of the day
    M reversal Day structure should be Price should retrace
    range day back or near to low of
    the day after making
    high in first hour
    W reversal Day structure should be Price should retrace
    range day back or near to high of
    the day after making
    low in first hour
    RCBO First 5 mins a big red Long at breakout
    candle. Red candle can candle in opening if
    be from previous day previous day red candle
    also which was not
    broken
    GCBO First 5 mins a big green Short at breakout
    candle. Green candle candle in opening if
    can be from previous previous day green
    day also which was not candle
    broken

    You might also like