trade with single moving average in intraday with 30 minute chart .

rajsumi121

Well-Known Member
#21
some modification .. if we try with 60 minute chart then less whipsaw .
 
#22
some modification .. if we try with 60 minute chart then less whipsaw .
Same rules for cross candle, 7 candles etc. ?? Please post charts if possible.
 

rajsumi121

Well-Known Member
#23
Cross candle formed in gold in 60 min chart .. 27857 is low of that candle & high is 27940 ... sell gold if break 27857 without breaking 27940 in next 3 candles ..for the target of risk reward 1:2 .. means stoploss is 83( 27940-27857=83) points & target is 27857-166= 27691.above 27857 no short in gold .
 

Attachments

rajsumi121

Well-Known Member
#24
cross candle formed in gold in 60 min chart .. 27857 is low of that candle & high is 27940 ... Sell gold if break 27857 without breaking 27940 in next 3 candles ..for the target of risk reward 1:2 .. Means stoploss is 83( 27940-27857=83) points & target is 27857-166= 27691.above 27857 no short in gold .
never break 27857 after call .. Means no sell signal but around 1000 points upside from that level .. This is another aspects of this strategy .
 

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Name:Phone:
Email:City:
State:
Are you a day trader?