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Secret Formula of Intraday

Trading Techniques
Prashant Raut January 11, 2017

Learn Intraday Trading Formula Of Break


Out :
If Close is Above the previous Candle High.
It calls as a Closing Basis Break Out.
This Break Out is Useful for BUY.
If Close is Below the previous candle Low
It calls as a Closing Basis Break Out.
This Break Out is Useful for Sell Short.

Follow this Technical Intraday Rules :

1. Useful for Nifty & Bank nifty ( Read More about –


What is Nifty )
2. Accuracy more than 75 % to 80 % in Intraday (Day
Trading)
3. Input 5 min chart (Need min to min chart)
4. Focus on day first candle High and Low (DFC)
5. Chance to earn every month minimum of 20,000 Rs.
(Fix Income In Intraday Trading)

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Intraday Trading Break Out Formula :


Sell Trade Success Techniques

1. When the day first candle (DFC) gives closing below


the low, the trader should punch the sell trade. The
trader should focus on the close & close below low.
The trader can get closing on any no of candle i.e 3,
4 or 5 candle. The next candle to closing candle will
be a qualified candle to go for sell-side.
2. Day first candle high and low difference will be first
target for the trader to book profit.
3. DFC high be where you should put stop loss
4. you need to look for the second target at 3:25 pm

Buy Trade Success Intraday Techniques

1. When the day first candle (DFC) gives closing above


the high, a trader should punch the buy trade. The
trader should focus on the close & close above High.
The trader can get closing on any no of candle i.e 3,
4 or 5 candles. The next candle to closing candle will
be a qualified candle to go for buy-side.
2. Day first candle high and low difference will be first
target for the trader to book profit.
3. DFC low be where you should put stop loss
4. You need to look for the second target at 3:25 pm

Gap Up or Down Open – Good News Or Bad News?

1. Previous Day High Above Open = Out Side Gap Up


2. Previous Day Low Below Open = Out Side Gap Down

INTRADAY BREAKOUT FORMULA WITHOUT GAP-UP


OPEN:

INTERPRETATION:

If the market open at price higher then previous day high


it’s said to be Out Side Gap Up Open. If the DFC candle
(9:15 Am) with the gap up open price gives closing above
high, go for a buy trade. Here the close above high is on
4 candles. 5 candle is a qualified candle to punch buy
trade.

BREAKOUT FORMULA WITHOUT GAP – DOWN OPEN:


INTERPRETATION:

If the DFC candle (9:15 AM) opens below previous day


low, it is said to be Candle with Gap down open price. If
The Candle with Gap down price gives closing below the
low, go for a sell trade. Here the close below low is on 2
candles. 3 candle is a qualified candle to punch sell trade.

More Latest Chart Banknifty :


The Secret Formula for Day Trading
Intraday trading is not as simple as it is made out to be.
Before you get into the act of intraday trading, you need
to learn the secret formula for intraday trading. Let us
look at this formula that can help you to become a
successful intraday trader.

Trading Rules to become a successful intraday trader:

Intraday trading is about focusing on and protecting


your capital. Do not trade with big profits in your
mind, instead of that focus on how much risk you are
willing to take per trade. Once you learned about
protecting your capital from depleting beyond a
point, profits from day trading will automatically
follow.
Don’t trade during the volatile market. Always trade
with the trend. Intraday trading gives the best result
when the momentum and direction of the market are
predictable.
Never forget to keep stop loss. It is one of the keys
to achieve success in day trading. Without a stop
loss, you may end up holding positions with the
unmanageable market to market loss.
Whatever trade setup you use for day trading, as an
intraday trader you must know about right entry and
exit point. You have to take three key decisions
about when to buy, when to sell and when to sit
tight.
Don’t panic when you are doing intraday trading,
that leads you to take wrong and hasty decisions in
the market.
Never try to recover your losses by overtrading. It is
the golden rule for intraday trading. Overtrading will
lead you to lose money in both ways.
Keep a record of your daily trade. It will help you to
find your mistakes and really useful for you to
become a better trader.
Whatever Intraday Formula you use for Intraday
trading, first do backtest with past data and also in
the live market. Once you are ready with backtesting,
as per your risk management strategy you can use
your intraday trading formula.
There is no golden key to become a successful
trader, only practice makes you a good intraday
trader. Practice, Discipline and Risk management is
the key formula for successful intraday trader.

Lastly, We at Trading Fuel don’t use simple intraday


techniques because they are good. We use them
because they work.

Our trading methods are based on simple rules which


anyone can easily adopt. They help us to act in time with
perfect information and give best results. Our trading
methods are tested and confirm that are accurate and
profitable.

We impart training to investors and traders using our


trading methods that can help you to become an
independent profitable trader.

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