Intraday trading / scalping

#1
I planning to trade intraday trading as follows:

Starting the trade in @ 9.20 am using 5 min chart using bar chart. Wait for 5 min only.

For Long: Buy Nifty fut above the high of the 5 min bar and keep the stop loss below low. After 5 min, i move the sl to low of the next bar. If sl triggered, sell 2 lots and keep sl loss above the high of the previous bar.

For Short : VICE VERSA

Seniors pls advice,
 
#2
I planning to trade intraday trading as follows:

Starting the trade in @ 9.20 am using 5 min chart using bar chart. Wait for 5 min only.

For Long: Buy Nifty fut above the high of the 5 min bar and keep the stop loss below low. After 5 min, i move the sl to low of the next bar. If sl triggered, sell 2 lots and keep sl loss above the high of the previous bar.

For Short : VICE VERSA

Seniors pls advice,
Look up VJAY's thread too. He is trading 15 min TF these days, but used to earlier trade 5 min. Post your charts and trades here.

Good luck :thumb: