Motabhai Weekend Strategy

It's not breaking previous day's low in an apt manner. Let's stay there when it does waiting for it.

Short if it breaks the low of the previous day with a stop loss at the previous day's high

In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.

I am avoiding the long case currently for intraday. But one can go long if it breaks the high of the previous day with a stop loss at the previous day's low. It will follow weekend correctly.

Comment:

For some glitch, I posted LONG. It should be SHORT.

Order cancelled:

Its following PDL break :) Lets keep waiting.

Comment:

Trade Setup is valid for tomorrow too. :)

Comment:

Trade triggered yesterday and made good money!

Tomorrow setup is invalid.