Monday, March 20, 2017

Monday trend

today i made 9.50
I reached a target of .50% of my trading value
got the profit within first 30 minutes
after first 1 hour market will change its direction, or little movements, again doing trading after 1 hour the profit will go in loss
daily correct time is necessary for gaining profit,
sitting all the day will end in loss
select a fixed time for trading, and select suitable strategy for the that time by analysing and researching
3 types of trend will happen in a day
uptrend, down trend, side trend
long trend, medium trend, small trend also happen in a week

Own strategy is the best strategy
others strategy will not give you benefit
On friday I made a loss of 89 rs, changing my old strategy
Todays findings
market open at 9 0 clock , and marking open values and volumes, from this we can find high vol. stocks, and enter its charts, compare open and close values and vol.
open is above or below close
compare it with buy sell vol
low is below close is 2-6 more difference
open and close act as pivot for  uptrend and down trend respectively
In medium trends low below close will be 2-6
high will be above open is  2-6
after that it will return


fib retracement
below 50% reversal happen for intraday
below 38.2 % reversal happen for day trade
https://www.technicalanalysisofstocks.in/daytrading.html

http://forums.babypips.com/newbie-island/56611-how-make-500-1-million-compounding-effect.html

http://www.investopedia.com/articles/trading/06/retracements.asp

http://tradingtuitions.com/beat-the-market-with-gann-square-of-9-calculator/
take 1st 30 minute candle close/ltp for gann trading

https://vantagepointtrading.com/archives/10138

http://www.tradeciety.com/combining-trading-tools-to-spot-trend-reversals/

http://www.tradeciety.com/combining-trading-tools-to-spot-trend-reversals/

https://vantagepointtrading.com/archives/10138
http://moneytrade.biz/
http://economictimes.indiatimes.com/markets/technical-charts
http://www.moneycontrol.com/markets/technicals/



No comments:

Post a Comment