Trading Rules Sheet For Intraday

1. Strictly follow the rules without the involvement of emotions. This is

your money and only you can secure. Always do quality trades with
patience and wait for the close of last candle before enter into the
market. “Do what you see but don’t what you think”
2. Find market’s major trend because “trend is your friend”. Look
carefully, MACD, RSI, EMA, PIVOT Points in all aspects like cross
over, divergence, double top, RSI 50% level, MACD +ive, -ive
volume bars.
3. Check candle bars on 15 min, 1 Hour, 4 Hour and Daily timeframes.
Tip: When you have plan to enter into the market at lower timeframes
like below 15 min follow the 1H and 4H for short term trends. For
1H entry points, Daily and 4H timeframes are important.

15 min and 1H timeframe strategy

4. Find the major trend and check all indicators are inline.
5. Draw major and minor support and resistance levels.(PIVOT levels)
6. MACD, RSI, EMA should cross over with candle close below 50
EMA.
7. RSI 50% level, MACD volume bars with + or - divergence along
with over bought and sold levels will support your entry decision.
8. For uptrend; MACD cross over should above zero line or start from
below and enter into zero line with volume bars give appearance +ive
on zero line. For downtrend, it will be opposite.
9. For uptrend; RSI level should be above 50% and lower level will
indicate down trend.
10. Before entry look at 5 min timeframe and see the EMA
crossover than 15 min and 1H. Place order at 3 rd candle close and
start or of the 4th candle.
Tip: notice the pin bars and candle inside the bars. Price should be
below 50 EMA.
Candle stick chart awareness will be plus point for quality trades.