Intraday trading structure

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suktam

Active Member
Hi
X-RAYS Sir ....
U are trading intraday in 30 min 3 min and 1 min ...
But if want to trade positional as per same as your intraday strategy then which time frames is suitable...
 

XRAY27

Well-Known Member
XRAY,

Is 11th September grinding market ?
Please post some charts and explain in depth.And how to spot/avoid.

Thanks in advance.
very well said XRAY bro ...:clapping::clapping::clapping:

Please throw some more light on spotting /Avoiding/trading this grinding market with charts.

Thanks in advance.
Well, time is a constraint for me at the movement ,some charts are missing from my trading system thread... due to imgur :p:(... have to re-post that stuff..in much more elaborate way...
 

XRAY27

Well-Known Member
Hi
X-RAYS Sir ....
U are trading intraday in 30 min 3 min and 1 min ...
But if want to trade positional as per same as your intraday strategy then which time frames is suitable...
Just started positional trading in this month with full capacity,facing some hiccups ..with 30 min swing daily and weekly as base... better post this query to ST da !!!
 
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Dax Devil

Well-Known Member
Dear vishal7176,

Quit. Don't quit. Noodles. Don't noodles. You are too concerned with what was and what will be. There's a saying: "Yesterday is history, tomorrow is a mystery, but today is a gift. That is why it is called the "present". - Kung Fu Panda quote :).

Focus on your strengths.

Forget the term system - Don't look for system - and just focus on trade setups and you will be just fine.

Just master 1 trade setup - and you will be just fine.
One need not be super intelligent/PHD to earn in market.
Just giving you examples
A simple - Hammer candle stick pattern - is enough to make consistent returns from the markets.
First pullback to a moving average.

or which ever you are strong/comfortable.

Take trades only in the direction of HTF trend - else no trade.

Just one good trade a day - and you will be just fine.
Just if you are able to wait patiently and take the one good trade and just - 12 points a day in Nifty and close your laptop you should be able to beat most of the traders in TJ :thumb: on a monthly basis.

Follow MM - Don't risk more than 1% per trade.

And/Or seek help or find a Mentor.
Wish you all the best :thumb:
Beautiful.
 

XRAY27

Well-Known Member
Grinding market concept with a single post

Steps for increasing the under standing of price action

1.First note down some unusual things in charts

2.why does this happen ..does this reflect in any pattern..

3.Basing on above draw steps for testing in form of hypothesis

4.Test further with this for repetition of that pattern

Note down below post

http://www.traderji.com/futures/99232-intraday-trading-structure-23.html#post1104663

Just watch the marking of A and B which is the PB of previous fall...after that there is no test of this area..C D E F G are with in A and B points

so this side ways is turned in to grinding case...we trade sideways only if there is test of this A and B

Try to work on some charts your self ...after understanding this logic ...Hope this solves your puzzle amandeep and jagan :D ;)
 
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XRAY27

Well-Known Member
Hope this thread had some contents for practical trading,i'm concluding this thread with quote from "Mike Bellafiore".

 

jagankris

Well-Known Member
Grinding market concept with a single post

Steps for increasing the under standing of price action

1.First note down some unusual things in charts

2.why does this happen ..does this reflect in any pattern..

3.Basing on above draw steps for testing in form of hypothesis

4.Test further with this for repetition of that pattern

Note down below post

http://www.traderji.com/futures/99232-intraday-trading-structure-23.html#post1104663

Just watch the marking of A and B which is the PB of previous fall...after that there is no test of this area..C D E F G are with in A and B points

so this side ways is turned in to grinding case...we trade sideways only if there is test of this A and B

Try to work on some charts your self ...after understanding this logic ...Hope this solves your puzzle amandeep and jagan :D ;)

This is cheating :D

I was expecting something like ledges,congestion,Trading Range kind of classifications/symptoms when you said grinding markets. ;)
 

XRAY27

Well-Known Member
This is cheating :D

I was expecting something like ledges,congestion,Trading Range kind of classifications/symptoms when you said grinding markets. ;)
These are all results of grinding...Ledges and congestion... but Range is total different topic and very big one ;)... don't mix both of them and don't run from range markets :lol::D...because 60 % of markets are in range :D and 20 % grinding market :lol:..and 10 % trending...Just run from 20 % my dear friend.
 
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