Thursday, January 12, 2017

my trading plan


  1. Find stocks below 500 and above 200
  2. find stocks have a high low difference of 10 on trading day
  3. find open equal to previous close, high, low 
  4. find open interest  is double or triple  of volume not necessary
morning hour strategy

icici  open high same



morning 10.15 am strategy

find current high /low candle near 10.15 am sell/ buy on candle close, target 1%,stoploss 1% for safety or high/low  of the 1st hour or high of 1st hour plus .1%
Axis bank pre.close and high same 
it go down little and cut the high and go up

in Axis bank current top with side trend 474.3 buy at close price of top candle nearest to 10.15am
target 1% from buy price ie 474.3- 4.7or 4.8=469.
stoploss =high of the 1st hour  475 or high +.1%=479.47 or buy price +1%=474.3+4.74=479

3 kind of strategies for the week
 
open/pre.close = high,
1 it goes down, or
2 if it cut high it will go up for the whole day or
3 it will play beween high and low
open/pre.close = low , it goes up or it cut ,low it will go down for the whole day or it play between high and low
3 kinds of trends 
uptrend
down trend
side trend



No comments:

Post a Comment