I have been following the following strategy for the past Two years with 95% success.
Strategy:
Note the First one Hour(9.15-10.0) High & Low.
Whenever the stock breaks/breach the First Hr High/Low,enter the trade with the target min 127% of the range.This is a Fibonacci ratio aswell.
If by any chance,the Tgt is not achieved,it could be rest assured 90% of the times that next day or max within three days,it would be achieved.
I have tried it ONLY in CASH in reasonably High Vol shares.
It is a Layman's strategy with NO Rocket science & tension.
If anyone has already brought this in this Forum,i may be excused as i am not aware of it.
Strategy:
Note the First one Hour(9.15-10.0) High & Low.
Whenever the stock breaks/breach the First Hr High/Low,enter the trade with the target min 127% of the range.This is a Fibonacci ratio aswell.
If by any chance,the Tgt is not achieved,it could be rest assured 90% of the times that next day or max within three days,it would be achieved.
I have tried it ONLY in CASH in reasonably High Vol shares.
It is a Layman's strategy with NO Rocket science & tension.
If anyone has already brought this in this Forum,i may be excused as i am not aware of it.
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