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  • Intra Day Setup (Below Is For Long)

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    courier12
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    This document provides guidelines for identifying long trade setups in intraday markets. It recommends checking that moving averages are aligned, locating a base formed by a 2 average true range candle, and confirming strength and momentum on lower timeframes. Gaps and boring price action are factors to avoid, while alignments of moving averages on increasing timeframes are pursued to identify breakouts with follow through potential.

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    Setups for intraday trading

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    IntraDay Setups

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    This document provides guidelines for identifying long trade setups in intraday markets. It recommends checking that moving averages are aligned, locating a base formed by a 2 average true range candle, and confirming strength and momentum on lower timeframes. Gaps and boring price action are factors to avoid, while alignments of moving averages on increasing timeframes are pursued to identify breakouts with follow through potential.

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    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    17 views2 pages

    Intra Day Setup (Below Is For Long)

    Uploaded by

    courier12
    This document provides guidelines for identifying long trade setups in intraday markets. It recommends checking that moving averages are aligned, locating a base formed by a 2 average true range candle, and confirming strength and momentum on lower timeframes. Gaps and boring price action are factors to avoid, while alignments of moving averages on increasing timeframes are pursued to identify breakouts with follow through potential.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
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    Intra Day Setup (Below is for Long)

    TF to start short list levels Alignment of MA's Location of base of 2 ATR candle Check Strength of 2 ATR on TF/2 Drawing Zone Arrival If 4 ATR candle on 60 min If no alignment of MA's on 60 min If no 2 ATR candle on 60 min Gap up before 60 min

    Intra Day Setup (Below is for Long)


    60 mins 5>20>50 on 60 mins Below 20 EMA on 60 mins. This 2 ATR candle must be exciting and not boring 30 min. No basing or boring candle in this TF/2. Distil = Lowest Low, Proximal = wick of highest candle in base 5 > 50 on both TF and TF/2 Keep going 30 min higher TF till u get 2 ATR candle and follow above steps Keep going 30 min higher TF till u get 5>20>50 alignment and follow above steps Keep going 30 min higher TF till u get 2 ATR candle Refer to Gap Table above.

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