Thursday, March 23, 2017

thursday strategy

market play between open and previous close in midtime 11 am to 2 pm

close -2 is today low , buy from there
open +2 is today high sell from there

buy at close -2 or wait for the point
sell at open+2 or wait for the point
go with buy or sell volume which is big , at opening 2nd candle

wait for 3.30 pm if market is going in loss, because it will touch open or prev. close , so loss will be reduced to maximum

maximum high or low will reach at 10.30am and 2.30 pm

if low below close ,-2, close -2, buy from low , if sellers are high
if sellers are high

Close plus 2 or close -2, or close will be the low

if open and close difference is high, then low will be close plus 2

open plus 2 target for high, buy target or sell entry
close -2 target for low , sell target or buy entry

open plus 4 is also good target , close -4 is also a good target

Today my loss reached 126, and I wait for minimizing lose till 2.45 and exit at 2.45 pm and my loss reached 48, I exited

mistakes of the day
i don't analyse the market watch , vol and seller and buyer, open and close , properly, because I am in morning kitchen work. I come to the trading screen at 9.10, come to the screen at 9.am is necessary and analyse the market watch is necessary for taking important decisions.
I buy stocks looking open low with high seller vol, , it go in opposite move , so i sell the stocks with more quantity,  but they also gave opposite direction and loss.


open=high or,+2,+4  is high target
close =low or -2,-4 is low target
In mid time market play between open and close
if open and close has high difference or gap up , some time it will not touch close , but come near close, close+2 point will be low
























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