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High-2 High-1: Current Day Open

The document provides trading strategies based on the current day's open price in relation to the previous day's high, low, and close prices. It outlines four conditions for determining whether to buy or sell and at what price levels.

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asho
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356 views3 pages

High-2 High-1: Current Day Open

The document provides trading strategies based on the current day's open price in relation to the previous day's high, low, and close prices. It outlines four conditions for determining whether to buy or sell and at what price levels.

Uploaded by

asho
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd

CURRENT DAY OPEN

24840

high-2 high-1

24975 24915

Condition 1:If price opens below low 1 , buy @ low 2 ( make sur

Condition 2: If price opens above high 1 , short at or near High 2

Condition 3: Some times price may form low @ Low 1 and raise

Condition 4: some time s price wont cross High1 , from there we


PREVIUS DAY HIGH PREVIUS DAY LOW PREVIUS DAY CLOSE

24994 24815 24912

low-1 LOW-2

24856 24796

w low 1 , buy @ low 2 ( make sure price does nt break low 2) , if breaks very weak

ve high 1 , short at or near High 2( Make sure price does nt break high 2) , if breaks very bullish

may form low @ Low 1 and raise upto High1 , if breaks then high 2

wont cross High1 , from there we can short for first target Low 1 , then low 2.
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