Intraday Trading System

Intraday Trading System – Simplified Technical Analysis 4/10/2013 02:27:00 am TA Simplified Simplified 5 comments In this course, I am introducin a intrada! tradin s!stem "hich is primaril! #ased on $A%& indicator used in con'unction "ith ($As and Stochastics) This s!stem is intended for scalpin, "hich means * ta+in small and uic+ profits) There are certain c ertain strict rules to #e follo"ed to enter a trade) -ollo"in the s!stem reliiousl! can sinificantl! impro.e the success ratio of intrada! trades)

Trading Strategy Tradin s!stem trier is an $A%& #ullish or #earish crosso.er) Stochastics and $o.in a.eraes are used in com#ination "ith the $A%& sinal to enter the trade) 1) u! "hen "hen $A%& $A%& i.es i.es a #ulli #ullish sh cross crosso.e o.er) r) 2) Sell Sell "hen "hen $A%& $A%& i.es i.es a #eari #earish sh cross crosso.er o.er)) (AS( T( TAT T( A( S6ST($ IS ((8I%, T( 89(S ( I $A;( IT A S(%I-I% S6ST($) I- 69 A8( -I TIS S6ST($, (AS( - A T( 89(S -8 96 / S( ST8I%T6)

General Rules - Applicable for both Buy and Sell 1) 5 min min and 20 20 min min ($A, $A%& and Slo" Stochastics Stochastics are the the indicat indicators ors used) used) 2) Stoc+ should should #e sho"in sho"in a trend) trend) This "ill "ill #e #e e.ident e.ident from the slope slope of the the ($As) If ($As are hori) To i.e an indicat indication ion of scalpin scalpin points points assumi assumin n the trades trades are done done in -? in  S() 1) ot si
"hen to Buy 1) 20 min min ($A ($A is slo slopi pin n up"a up"ard rds) s) 2) $A%& $A%& i.es i.es a #ull #ullish ish cross cross o.er o.er))

3) 4) 5) >) 7)

5 ($A should #e a#o.e 20 ($A line) 5 min candle should close a#o.e the 20 ($A line) Stochastics should not #e in o.er#ouht condition) If Stochastics is in #u! mode alread!, enter the trade) If Stochastics is not in #u! mode, "ait for the stochastics to i.e a #u! sinal and enter the trade) C) If Stochastics is o.er#ouht, a fresh #u! sinal can #e used to enter if the $A%& is still positi.e) "here to #eep stoploss

re.ious S"in lo" is the stop loss) re.ious s"in lo" is the lo" made in the 'ust  pre.ious up mo.e) lease see eamples to understand stoploss points) "hen to boo# profits

As indicated #efore, this is a scalpin s!stem) oo+ profits immediatel! on seein profits and eit immediatel! "hen the stoploss is hit) oo+ full profits , "hen one of the #elo" conditions occur  1) $A%& i.es a #earish crosso.er and 5 min candle closes #elo" 20 ($A 2) Stochastics is o.er#ouhtD E; crosses #elo" E& and mo.es #elo" the o.er#ouht line and 5 min candle closes #elo" 20 ($A)

"hen to Sell 1) 2) 3) 4) 5) >) 7)

20 min ($A is slopin do"n"ards) $A%& i.es a #earish cross o.er) 5 ($A should #e #elo" 20 ($A line) 5 min candle should close #elo" the 20 ($A line) Stochastics should not #e in o.ersold condition) If Stochastics is in sell mode alread!, enter the trade) If Stochastics is not in sell mode, "ait for the stochastics to i.e a sell sinal and enter the trade) C) If Stochastics is o.ersold, a fresh sell sinal can #e used to enter if the $A%& is still positi.e) "here to #eep stoploss

re.ious S"in hih is the stop loss) re.ious s"in hih is the hih made in the 'ust  pre.ious do"n mo.e) lease see eamples to understand stoploss points) "hen to boo# profits

As indicated #efore this is a scalpin s!stem) oo+ profits immediatel! on seein profits and eit immediatel! "hen the stoploss is hit)

oo+ full profits , "hen one of the #elo" conditions occur  1) $A%& i.es a #ullish crosso.er and 5 min candle closes a#o.e 20 ($A 2) Stochastics is o.ersoldD E; crosses a#o.e E& and mo.es a#o.e the o.ersold line and 5 min candle closes a#o.e 20($A)

$igh %robability Trade Setups 1) 2) 3) 4) 5)

A #rief period of consolidation occurs 'ust #efore the trade entr!) u! sinal occurs a#o.e a +e! support/resistance le.el) Sell sinal occurs #elo" a +e! resistance / support le.el) Trade is in the direction of hiher time frame charts @15 min /30 minB) .erall mar+et is mo.in in the direction of the trade)

 ote: -or the purpose of simplicit!, 8SI is not included as an indicator) There are other uses of 8SI "hich "ill #e co.ered in separate lessons)

Intraday Trading System – Simplified Technical Analysis! &'amples ()ifty stoc#s *+ April, .

A'is Ban# – Intraday Trade

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$ero 0otors – Intraday Trade

1.

2)G – Intraday Trade

3.

D4F – Intraday Trade

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DR. Reddy – Intraday Trade

5.

ipla – Intraday Trade

6.

Reliance apital – Intraday Trade