Senior Members,
Please help with this.
I have come up with a methodology as described below.
Everyday after 30 minutes of market open I am calculating 2 levels say level1 and level2
If today close is going to be above today open then, I can predict the high value of the stock/index.
(or) else, If today the high value does not hit then, today close is going to lay below today open.
Same for low side.
How can I trade with this methodology.
Please suggest.
Thanks.
Please help with this.
I have come up with a methodology as described below.
Everyday after 30 minutes of market open I am calculating 2 levels say level1 and level2
If today close is going to be above today open then, I can predict the high value of the stock/index.
(or) else, If today the high value does not hit then, today close is going to lay below today open.
Same for low side.
How can I trade with this methodology.
Please suggest.
Thanks.