Intraday analysis.

#1
Is candlestick pattern analysis helpful in intraday trading???

Which of these techniques is the most effective for day trading??? :confused:

Pivot point analysis.

Reading Technical Indicators.

Fibonacci retracement.

gann square.

Candlestick pattern.

Breakouts.

Camarilla pivot based trading.

Elliot wave calculation.



Please help me.....

Thanks in advance.
 
Last edited:

FanaticTrader

Well-Known Member
#2
Is candlestick pattern analysis helpful in intraday trading???

Which of these techniques is the most effective for day trading??? :confused:

Pivot point analysis.

Reading Technical Indicators.

Fibonacci retracement.

gann square.

Candlestick pattern.

Breakouts.

Camarilla pivot based trading.

Elliot wave calculation.



Please help me.....

Thanks in advance.
Well there are tons of things out there and each system has its own advantages and disadvantages. With respect to intraday trading until you have a system i.e. entry and exit system in place which has been tested over a period of time its not easy to make money. Intraday movements are pretty quick and you have less time to analyse and make decision. Also you probably need to filter early in morning as what counter / index you will trade. Running just behind everything won;t work. I would say draw a strategy may be combining few indicators and backtest it and then only get into intraday trading :)
 
#3
Well there are tons of things out there and each system has its own advantages and disadvantages. With respect to intraday trading until you have a system i.e. entry and exit system in place which has been tested over a period of time its not easy to make money. Intraday movements are pretty quick and you have less time to analyse and make decision. Also you probably need to filter early in morning as what counter / index you will trade. Running just behind everything won;t work. I would say draw a strategy may be combining few indicators and backtest it and then only get into intraday trading :)
Thank you sir....
 

FanaticTrader

Well-Known Member
#5

radha55

Well-Known Member
#6
First Elliot Wave Calculator
Second Camarilla Calculator
Third Gann Calculator
Forth Breakout Calculator
 

razx5

Active Member
#9
Is candlestick pattern analysis helpful in intraday trading???

Which of these techniques is the most effective for day trading??? :confused:

Pivot point analysis.

Reading Technical Indicators.

Fibonacci retracement.

gann square.

Candlestick pattern.

Breakouts.

Camarilla pivot based trading.

Elliot wave calculation.



Please help me.....

Thanks in advance.
camarilla..but v get signals above h4 below l4 only on few days..but if got its 99% sureshot
 

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