#FreeTip To understand y htf is important and to understand LTF is a function of htf, best way is to open an LTF chart (25/15/5 min) and zoom out ( minimize) the charts to have a birds eye view . Compare it with htf chart ( 75min / daily) . You can understand the significance.

#FreeTip
#Scalping
To succeed in scalping, it should necessarily be a rule based approach.
A simple scalping strategy in indices:
1) Timeframe - 2 min (STF)
2) RSI 5
3) RSI 5 in 10 min chart (2x of STF)
Strategy:
Long condition:
1) 3 should be above 50
2) Entry when 2 dips ..

...
below 30 and crosses above 30.
3) Keep 0.5% risk
4) Exit at 1: 2 plus RR.
Short condition:
1) 3 should be below 50
2) Entry when 2 moves above 70 and dips below 70.
3) Keep 0.5% risk
4) Exit at 1:2 plus RR.
practice required.
Need to be in front of screen.
Discount broker.

#FreeTip If price falls below 30 week MA but 30 week moving average keeps rising, the first price move above 30 week MA is a high probability entry point for a good upmove; in majority cases it has given exceptional moves. Post your charts based on the above logic.

This is one example.... Save this pattern!!! There are other minor criteria to be followed as well. I have explained the main one....

#FreeTip
A day trading setup CLUE for trading index / stocks for a living..Capturing a big move in adv.
If cpr is bearish,n price opens abv cpr with a 5-15 min bullish pa or price crosses abv cpr within first 30 min, it usually signals a big move ahead.
Vice versa for bull cpr.

Bullish cpr is shaded blue; Bearish cpr is shaded red. If u think that higher value cpr are necessarily bullish and vice versa , then ur Wrong … I will leave this concept for discussion.

#SRF
2700
Breaking out of weekly box consolidation / W pattern.
The higher the tf, more effective the patterns. High possibility of going up further.
Long suggested at CMP for targets of 3300-3400 zones with a 8% stop.

#TRADING
#BANKNIFTY Pivot + vwap trading system

A) Short - 1) close less than ema200, prev day vwap, cam l3, floor pivot low; 2) distance between prev day vwap and cam l3 & floor pivot low should not be more than 1.5% (to avoid over extension); 3)vwap less than ema200
OR
--1/n

...................2/n
B) Price high crosses down weekly pivot high.
OR
C) Price crosses down camarilla h3 and candle low is lower than prev candle low.

Position taking between 945 am till 245 pm.

Cover at close or when price crosses 2 std deviations above current vwap or when price crosses weekly pivot low from downwards or when price crosses daily pivot low from downwards.

Backtest results since feb 2019 :
Annual return 43%
Drawdown 2.6%
Profit factor 1.9
Winning trades 50%
Timeframe 5 min chart

Intraday data for Bnf futures not available before 2019 for increasing the sample size.

Top 4 set up I love to follow.

Buy all time high
Sell all time low

Buy 52 week high
Sell 52 week low

Buy 50 days high
Sell 50 days low

Buy above ST 10.2 (MR trade where DC 50 low & high is 10 ATR or more)
Sell below ST 10.2( MR trade for long unwind or shock therapy apply)

This is in response to the question by @unseenvalue

If I had to buy 1 stock today, anywhere in the world, no avg. up or down, 5 year holding period (I will make that as 10 year for thesis to play out)

Since I track mainly Indian equities, restricting the choice to this space

Few points to look for
1. Strong macro tailwind rather than headwind, huge growth runway for company/segment. It can't be in a niche space & demand must not be easily substitutable
2. Strong Biz Model, high growth curve (15%+ over the period), strong ROE profile (hurdle rate 20%)

3. Low or no leverage, efficient capital allocation, (read minimal or zero fresh dilution requirements), strong cash flows and correspondingly high dividend payout ratios (consistent dividend history) and finally strong moat and with limited regulatory involvement / no reg issues

4. Promoter quality and intention must be beyond reproach, proven management with skin in the game
5. Capability to manage disruption, and if possible to even profit from it. If you can't be disrupted easily, you will eventually adapt your game to gain scale

6. There must be a possibility of non-linear growth if the scale-up hypothesis gets proven right. It's like an FD with low fixed return plus significant upside optionality. Multiple revenue streams / margin levers / IP that can provide non linearity in growth

@vcpchartist @buzz_chronicles save as screeners

save as screeners

Inside Bar (IB) is an effective trading strategy where a range is formed & we trade on a Breakout/Breakdown.

What is IB?

Textbook definition of IB:
When the current bar is trading inside the previous candle's high and low (range)

Here's a live example from the Tata Steel Chart where you can see multiple IB forming on 15 minutes chart.

I've marked 2 IBs in the circle where we can find the mother candle & the inside bar candle.

So how do we trade this?

If the overall trend is bullish, then you should be looking at high on the mother candle. When the mother candle's high is broken, you can place your SL at:
1. Low of the mother candle, or
2. Low of the Inside Bar candle.

Both the eg are in charts:

And Vice Versa for the Bearish bias.

If the overall trend is bearish, then you should be looking at low on the mother candle. When the mother candle's low is broken, you can place your SL at:
1. High of the mother candle, or
2. High of the Inside Bar candle.

I prefer keeping the high or low of the inside bar candle as my SL.

Remember there are 100s of ways to trade this, ultimately your position sizing & risk management will come into play.

Position sizing can be calculated using the SL, and risk can be managed.