Intraday trading strategies [ VIMALRAJ ]

From : Vimal Raj at 12:39 PM - Sep 23, 2012 ( 5 years ago)

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DIFFERENT TRADING STRATEGIES :-

We can categorize or divide our strategies as per different time frames & situations for better understanding.

1. MORNING 30-MINUTES STRATEGY.

2. TRADES AFTER MORNING TRADES.
3. TRADES DURING QUARTERLY RESULTS.
4. GAP OPENINGS OF MARKET.

* MORNING 30-MINUTES STRATEGY *

This strategy is based on understanding the moves of the BROKER. ( sentiments )

If you track the Close price you will wonder the Open price of the trade day is not always the same as that of the previous days Close price. It is because the major brokers
(BIG TRADERS) according to the sentiments lay a trap in which small traders get trapped and run into losses. If we understand the brokers mind we can make profits 90 %
times in normal market in the first 3 to 30 minutes of trading.( Remember you should close your positions in this time frame )

Take the following figures and trade plan with you on the basis of calculations given below. We will call it Brokers Strategy ( BS )

Difference between HIGH & LOW of previous day i.e.: D = ( H – L )

Now BS = D / 3

BUY PRICE = ( Pr. Close – BS )

SELL PRICE = ( Pr. Close + BS )

For understanding the BS one should understand the following……..

STRONG SHARE or STRONG CLOSE (close price is higher than previous close) &
WEAK SHARE or WEAK CLOSE ( close price is lower than previous close )
Now on the basis of above calculations you are ready with the figures i.e.: BUY PRICE, Pr. CLOSE & SELL PRICE of STRONG SHARE & WEAK SHARE separately.

Now on trade day if STRONG share opens anywhere between Pr. Close & BUY PRICE you can BUY first & keep for sell @ SELL PRICE as your target.
The Trap :- As the broker opens the share at a price lower than Pr. Close one gets the feeling as if the share has become weak and sells it, thus falling in the trap.

On trade day if WEAK share opens at or above SELL PRICE you can SELL first & buy later @ BUY PRICE as your target.
The Trap :- As the broker opens the share at a higher price than the Pr. Close one gets the feeling that the share has become strong and buys it thus falling in the trap.

Note: For this strategy Preferably take shares with high volumes & less volatility(not operator driven stocks). This strategy will not work in GAP OPENINGS. This strategy
requires you to be very fast in taking decisions and accordingly positions. Furthermore One should compulsorily come out or close the position in the mentioned time
frame. Life is not that easy and if you find that your position was wrong immediately square it ( close it)

REMEMBER TO CLOSE POSITION WITHIN THE TIME-FRAME MENTIONED

From: vimal raj at 12:44 PM - Sep 23, 2012( 5 years ago )

* Some more morning strategies :……………….

A ) SHORT SELL :- ( sell first & buy later )
OPEN & HIGH IS SAME….
Sell just below HIGH price if it is not breaking the
high price for 3 minutes.
Example : If O-H is 110 sell @ 109 with a SL ( stop
loss ) just above HIGH.
Best results are observed if :-
a) Market is Bearish ( weak )
b) O-H rate is near or above SELL PRICE i.e.: ( pr.
Close + BS )
c) O-H rate is @ or near R1, R2, R3
d) Share price has gained 10-30% in previous 1-3
trade days.
e) Weak share but O-H rate is @ or near R1, R2, R3
B ) BUYING :- ( buy first & sell later )
1. OPEN & LOW IS SAME……..
Buy just above LOW price if it is not breaking the
low price for 3 minutes. Example : If O-L is 100 buy
@ 101 with SL ( stop loss ) just below LOW.
Best results are observed if :-
a) Market is Bullish ( strong )
b) Pr. Close is Strong ( i.e.: it is a strong share )
c) O-L is near or below Pr. Close
d) O-L rate is near or below BUY price or @ S1, S2,
S3
2. STRONG SHARE :- ( i.e.: strong close pr. day )
BUY if :-…………..
a) OPEN is @ BUY price.
b) OPEN is same as pr. Close.
c) OPEN & LOW is same, as discussed above.
d) OPEN is just above pr. Close but far below SELL
price.
Best results if market is bullish. Keep the target of
getting out @ SELL price, or @ R1, R2, R3 if it is
showing strength & volume is more than pr. Day.
PLEASE REMEMBER :
1) AS A INTRADAY TRADER YOU SHOULD NOT
FIGHT WITH THE MARKET. BE READY TO ACCEPT
A SMALL DEFEAT RATHER THAN MAKING IT A BIG
FAILURE.
2) IT IS NOT A EASY GAME. UNDERSTAND IT .
ALWAYS ANALISE SUCCESS & FAILURE FOR
EVERY POSITION YOU TAKE.
3) Select a strategy. Do the homework before trading
for that strategy only. Don't mix other strategy with
it. PAPER-TRADE.for few days sincerely(the more
time you take the better)......than start with small qty.
for a period of say a month(do not overtrade your
limits).......once your success for your strategy is 70-
80%.........than increase qty in steps again. .....DO
NOT OVER RISK.......YOU CANNOT CHANGE THE
MARKET ....ALL YOU CAN CHANGE IS
YOURSELF......TOWARDS SUCCESS.
4) Once you get the feel of price movements , how
and why they happen....then YOU may take
additional guidance of any softwares (NOT
MANDATORY)
5) YOU CAN MAKE MONEY BY STICKING TO ONE
STRATEGY FOREVER ALSO.......NEWER FORGET
THIS.........SO.......JUST KEEP A AIM TO MASTER
ONE STRATEGY.......AND LOOK FOR
OPPORTUNITIES ....FULFILLING THE CRITERIA OF
YOUR STRATEGY
From: vimal raj at 12:58 PM - Sep 23, 2012( 5 years ago )

Intraday, Simplest Trading System – ONLY NIFTY FUTURES

Please note that this system works well only with NIFTY Futures ( though I haven’t tried anything else as I trade only in NIFTY Futures).

Basic set up : 5 Minute NIFTY FUTURES Chart with 1 day backfill.

RSI : 7 period RSI below price chart (Signal line not required) with 75 (overbought) and 25(oversold) lines.
ATR : A 10 period ATR for stop loss.
Risk-Reward – 1:1 or Follow trailing stop loss method.
Note : No fresh trade till 9:30 am or after 3:15 pm.

BUY Signal – After a sharp sell off, when market enters oversold zone (i.e. RSI below 25 reading), stay tight & ready (BUT DO NOT ENTER in to the TRADE right now). I have
seen RSI falling to single digit. Once Market is coming out of oversold on candle close basis (do not trade while candle is still forming), Buy above high of that candle after
adding 2 points as filter. Stop loss will be 2x ATR . (if ATR is 8 then stop loss will be of 16 points) if 2x ATR is more then days low, you can keep stop loss as days low to save
some bucks. Target will be at least 16 points. You can ride on with trailing stop loss method you chose to follow.

SELL Signal – same way, after a sharp rally, when market exits overbought zone (75 reading) on closing basis, go short below low of closing candle (after deducting 2 filter
points) with 2x ATR stop loss (or days high) for 1:1 Risk reward or trail your stop loss according to your own method.

From: vimal raj at 11:42 PM - Sep 23, 2012( 5 years ago )

Bollinger + EMA Scalping
Bollinger + EMA Scalping
My understanding of scalping of is short trades, trade that should end within one hour. These trades tend to be high risk and high reward and are known for adrenaline rush. So get ready
and lets scalp….
Settings
Bollinger Bands – 20
EMA – 12
Time Frame – 5 – 60 min (recommended M15)
There are four set of entry and exit rules to this setup.
Entry/ Exit 1
1 – look for price action going out of Bollinger Band (20)
2- Enter short at first candle opening inside the band
3 – set profit stop at EMA 12
4 – Stop limit just outside of Bollinger band.
Entry/Exit 2
1 – Short Entry on open of candle under EMA 12
2 – Profit limit at bottom line of Bollinger Band
3 – Stop Limit at middle line of Bollinger Band
Entry/Exit 3-4
1 – Look for price action going out of bottom Bollinger Band
2 – Enter Long at open of candle inside Bollinger Band
3 – Profit limit at EMA 12
4 – Stop Limit 5-10 pip outside of lower Bollinger Band
Entry/Exit 5
1 – Long Entry on open of candle over middle Bollinger Line
2 – Profit limit at top of Bollinger Band
3 – Stop limit at EMA 12
Bounce off setup
Short – Price action bouncing off EMA 12 toward bottom Bollinger line, Entry at candle open with take profit at bottom Bollinger line, Stop limit at middle Bollinger line.
Long - Price action bouncing off EMA 12 towards top Bollinger line, Entry at candle open with take profit at top Bollinger line, stop limit at middle Bollinger line.
Caution – DONOT trade when price action is between EMA12 and mid Bollinger line.
From: vimal raj at 11:49 PM - Sep 23, 2012( 5 years ago )

Urban Towers Scalping Strategy

The Strategy :
During a trend, when the market retraces to the blue MA with at least 3 consecutive lower highs (3 towers), we enter at the break of the high of the last high. Ok let me explain in details
one by one.

Steps to Follow :
- Price is above the blue MA trend is up
- Price is below the blue MA trend is down
- Market retraces towards the blue MA with 3 consecutive lower highs (in a uptrend)
- At the break of the high of the last candle, we enter long (in a uptrend)
Example 1 :
Alright, what do we know right off the bat by looking at this. We know the market is in a uptrend because the market is above the blue MA. The market retraced to the blue line with 3
consecutive lower highs (3 towers) as we can see the red candles above. Next, we entered long at the break of the high of the last retracement candle - which in this case is 3rd tower as
we can see above. Ok 1 more example for you guys :)
Example 2 :

Example of a Do Not Enter Trade

Alright, in this example, the market was in a uptrend, it did a 1, 2, 3 tower retrace but it never had a breakout on the high of the 3rd tower, in fact, the market continued down and changed
to a down trend. This example is to show that this strategy helps avoid many fake trades.

Exit Strategies
Option 1
1:1 Risk to reward. If your stop is -12 pips your limit should be +12 pips.
Option 2
Open 2 lots. If your stop is at -10 pips, once your trades goes in your favor and you're at +10 pips, close 1 lot and let the other one run. Exit at Support and Resistance levels.
Option 3
Exit at the nearest 50 or 00 level. These are psychological levels. (make sure your exit is at least the same number of pips as your stop, otherwise dont enter the trade)
Option 4
Trailing Stop. Once in a trade, at the close of each candle, place your stop 1 pip below the low (if in a buy trade). Vise versa for sell trade.

From: vimal raj at 03:36 PM - Dec 13, 2012( 5 years ago )

Toby Crabel Breakout Formula - Excel

DOWNLOAD LINK
http://goo.gl/5lM2S
From: vimal raj at 09:55 PM - Dec 24, 2012( 5 years ago )

EMA Chart Explanation

From: vimal raj at 05:26 PM - Jun 02, 2013( 5 years ago )

Damodaran's G4 technique trading
one of the friend is very eagerly wants what he is going to tell in the 100 % sure simple tricks nothing.

Eg Take the high and low of the stock at 10.40 am

suppose nifty previous close = 4960
Today high = 4990
Today Low = 4940 at 10.40 AM
So the days range is (h - l)(4990 - 4940)= 50

Now put SLbuy order for 4991 and SLSellorder for 4939
Okay at any point one condition got triggered for eg
Buy triggered at 4991 ,now put SL(range /2)= 4966 and T1 = 5016, T2= 5041
T1 = buy + (range /2), T2= buyprice + range
If sell Triggered at 4930 ,put Sl= 4964 ,T1 = 4914, T2= 4889.

This is what he is going to tell in this whole session .

From: vimal raj at 05:40 PM - Jun 02, 2013( 5 years ago )

VEERU'S TECHNIQUE TRADING

rule1-analyze price in weekly chart,(use 13ema and stochastic oscillator 5 15 5)(i will use 13ema for signal line
if price go above the 13ema its bullish confirmation
if price go below the 13ema its bearish confirmation
i also use stochastic for overbought over sold levels )

rule2-then come to day chart, and analyze it

(i will use 13ema for signal line
if price go above the 13ema its bullish confirmation
if price go below the 13ema its bearish confirmation
i also use stochastic for overbought over sold levels )

if both are in same direction just go for the trade

stop loss (if buy signal came st i recent low,if sell signal came st is recent high )
From: vimal raj at 06:01 PM - Jun 02, 2013( 5 years ago )

Prakash SAYS HOW TO USE TECHNICAL ANALYSIS INDICATORS.......

1) ADX with Stochastic:

ADX: define trend force, whether the trend will develop further or will gradually weaken.
Three lines in ADX:
1) +DI (Yellow)
2) -DI (Red)
3) ADX line (Blue)
Stochastic: compares a stock's closing price to its price range over a given period of time.
Using the both will give traders great forecasting trend strength.
Two lines in Stochastic:
1) %K: This is the number of time periods used in the stochastic calculation.
2) %D: This is the number of time periods used when calculating the moving average of %K.

Signal to buy:

When either %K or %D falls below the line, and then again crosses the bottom level upwards or when the curve %K
crosses the curve %D from below upward.
When +DI is higher than -DI

Signal to sell:

When oscillator grows above the line, and then crosses the top level downwards or when the curve %K crosses a curve
%D from top to downward.
When +DI is lower than –DI

2) MACD with RSI:

The MACD proves most effective in wide-swinging trading markets.
Crossovers: the basic MACD trading rule is to sell when the MACD falls below its signal line.
Average Convergence/Divergence rises above its signal line.
It is also popular to buy/sell when the MACD goes above/below zero.
Overbought/oversold conditions: The MACD is also useful as an overbought/oversold indicator.
When the shorter moving average pulls away dramatically from the longer moving average (i.e., the MACD rises), it is
likely that the security price is overextending and will soon return to more realistic levels.
Divergence: An indication that an end to the current trend may be near occurs when the MACD diverges from the
security. A bullish divergence occurs when the Moving Average Convergence/Divergence indicator is making new highs
while prices fail to reach new highs.
A bearish divergence occurs when the MACD is making new lows while prices fail to reach new lows. Both of these
divergences are most significant when they occur at relatively overbought/oversold levels.
Zero Line Crossovers: A crossing of the MACD line up through zero (the centerline) is interpreted as bullish, or down
through zero as bearish.
Some analysts choose to buy or sell when the MACD goes above or below zero.
The RSI indicator ranges in value from 0 to 100, with numbers above 70 indicating overbought conditions and fewer than
30 indicating oversold

Signals to buy:

When the MACD rises above the Signal line & above Zero
When the RSI rises above 30

Signal to sell:
When the MACD falls below the Signal line & below zero
When the RSI below 70

3) MACD with Parabolic

SAR
Parabolic SAR is more popular for setting stops than for establishing direction or trend.
Parabolic SAR is base on the following rule: to shift the levels of closing prices only in direction of opened position.
If there is a long position opened before, it is possible to increase the level of closing prices, but not to decrease it.
If the short position is opened, it is possible to decrease the level of closing prices.
The indicator can be very effective if a filter of some sort is used like MACD.
If we were long the market, then only long signals would be taken and the short signals ignored as long as the filter has
given a buy signal and remains in buy.
Now you can confirm the signal by using the both indicators.

Signal to buy:

When MACD bars is over 0 level and rising, signal line below bars end and rising and SAR dots below price chart.

Signal to Sell:

When MACD bars is below 0 level and falling, signal line over bars end and falling and SAR dots over price.
4) RSI with Momentum
It measures the amount of change in commodity’s price during a period of time.
Using both RSI & Momentum for average 14 days will enable a solid strategy in determining signals.

Signal to buy:

RSI rises above 50 but stays below 70, and momentum rises above zero.

Signal to sell:

RSI falls below 50 but stays above 30, and momentum falls below zero

5) RSI, ADX with Parabolic

SAR
The three where developed by J Welles Wilder, using RSI, ADX and Parabolic SAR for average 14 days will show great
signals in entering the orders & closing them.

Signal to buy:

1- When RSI cross 30 level and rising up

2- SAR dots below the price chart
3- DI+ over DI-, ADX line cross 20 level, ADX and DI+ rising and DI- falling.
Exit when SAR dots make a cross with the price chart & ADX moving below 30 from above while above +DI and
below -DI

Signal to sell:

1- When RSI cross 70 level & falling down

2- SAR dots over the price chart
3- ADX line cross 20 levels and rising where DI+ falling and DI- rising.
Exit when SAR dots make a cross with price chart & ADX moving below 30 from above
& above +DI and below -DI

6) Bollinger Bands with

ADX:
Bollinger Bands are an indicator that allows users to compare volatility and relative price levels over a period time.
Using ADX with Bollinger Bands over 20 days period of time give strong signals:

Signal to buy:

When the price below the lower band of Bollinger (20, 2) & DI+ over DI-, ADX line cross 20 level, ADX and DI+ rising and
DI- falling.

Signal to buy:

When the price above the upper band of Bollinger (20, 2) & ADX line cross 20 levels and rising where DI+ falling and DI rising.

From: vimal raj at 02:19 PM - Jun 04, 2013( 5 years ago )

FORD7K SHAREING HIS EXPERIANCE/////// THANKS Mr.FORD

New traders looking for finding good stocks to buy & sell.
what an afl can do for them is very useful.
scheme

Instrument = equity-stocks(not penny stocks below Rs 5)

1)UNIVERSE OF STOCKS= fix it first
nifty50 stocks? have 50 scrips and scan only these
Nifty100 group
Nifty futures group-you have 200 plus scrps here.
Exchange made the list of good stocks for futures trading with volume,turnover etc.
Why not use it instead of struggling to make new list of stocks?

2) Timeframe = daily charts

3) CAPITAL = FIX AT RS 5000 PER TRADE
4) RISK = MAX 5%
5)REWARD = 5% OR MORE

6) TRADING SYSTEM TO USE

7) THINGS NOT TO BE DONE

DONT BUY ON WAY DOWN-FALLING STOCKS.
DONT AVERAGE DOWN. IF IT FALLING,FIRST MARK YOUR EXIT LEVEL, DONT BUY MORE.
RISK CONTROL FIRST-PROFITS NEXT
DONT BUY AFTER PRICE ROSE A LOT.
DONT CHASE THE PRICE.

8)STOCK SCAN FACTORS

A) STOCK MUST BE IN UPTREND

(ANGLE OF PRICE MA need to be at 30 degrees or more upwards

b)PRICE ABOVE OR BELOW moving averages MA20,MA50,MA200-Check how these are

price crossed above MA200,MA50,MA20=Confirmed uptrend
price crossed below ma200,ma50,ma20=downtrend confirmed
MA must be rising and price to be above it for buying
c) Compare ma
if MA20>MA50>MA200 UPTREND
IF MA20<MA50<MA200 DOWNTREND
D)VOLUME -LOOK FOR A VOLUME RISE ABOVE MA60 OF VOLUME
a volume spike normally marks beginning of new trends sometimes
spike is when volume rises 2 times above average volume.
heavy volumes indicate institutional interst if price is rising.

E)make sure price has stable moves-no gaps-no wild moves. when a whale is swimming,slow & steady-that is what we want to see.
Make sure you buy stocks which have range of movement that is decent
ATR(60) TO BE T LEAST 10 RUPEES.
It means the distance between high and low over 60 days is at least 10 rupees
What use if you trade a stock that moves 2 rupees or 3 rupees up or down?
it is easy to make profit of 30% of the range or movement.
Call this price appreciation,if you use high & low over a 22day or 65 day period.

IDEAL LOW RISK BUY POINT

IF already trend is on its way,try to buy after price pulls back to ma20 or ma50 and begins rising from the ma

SOME TRADERS LOOK FOR PRICE RISE BY X% AND VOLUME RISE BY Y%- as starting point for their trading.
step-1
I would like to make an afl to use above factors.

Special considerations step-2

1 RS -relative strength-(not RSI)to be good and above its 21ma
2.OBV can be seen as rising
3.CHECK ACC DIST just to make sure positive side is running

From: vimal raj at 09:03 AM - Jun 05, 2013( 5 years ago )

5 EMA~trade method - Nifty

http://www.mediafire.com/?
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