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Friday, May 28, 2021

Opening Drive Strategy

📊Intraday Trading Setup📊


Timeframe: 15 Minute ( Candlestick chart)

⚙️Identify Bullish setup📉

  • Red Massive Wide Range candle(1st Candle)
  • Candle price lower low(1st,2nd Candle)
  • Inside bar (2nd,3rd Candle)

🚦Entry Point

  • Mark High of inside bar candle for long entry

🧲Stoploss point

  • Mark Low of inside bar candle keep as stoploss

🎯Target Point

  • Mark High & low of inside bar (High-Low=Difference Point or Percentage )

⚙️Identify Bearish setup📈

  • Green Massive Wide Range candle(1st Candle)
  • Candle price Higher High(1st,2nd Candle)
  • Inside bar (2nd,3rd Candle)

🚦Entry Point

  • Mark Low of inside bar candle for selling entry

🧲 Stoploss point

  • Mark High of inside bar candle keep as stoploss

🎯Target Point

  • Mark High & low of inside bar (High-Low=Difference Point or Percentage )



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10 on: "Opening Drive Strategy"
  1. Great collection setup for intraday

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  2. Yesterday i read this information and today same scenario observed in real time

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  3. That’s great! The best way to internalize this method is to spot it in real time.

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  4. Very informative,every highlighted click is just a goldmine.i see so many things to study.thanks

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  5. I understand the concepts but be nice to use a free charting software that lets you scroll through charts quickly with particular search queries. E.g , Adx over 30, SMA 20 over 50 cross over etc. I find being in full time work the enemy is time

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  6. Yup, having a scanning software is a great time saver. There are many options out there now. TradingView has a nice and friendly interface. At the bottom left you will find a stock screener option. Select Filters > Technical, and you’ll find many options to help you set up the queries you mentioned.

    Depending on your timeframe and market, you can get a lot done with the free plan. But of course, for trendline strategies like this one, you will still need to manually analyze the chart to see if there’s anything interesting.

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  7. well discussed…it seems like unboxing the untold.

    thank you very much, additional knowledge for me as beginners.

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  8. Gracias Rahul,como siempre claro,sencillo y didactico.Es la mejor pagina de la internet para la accion del precio..No aflojes…Abrazo

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  9. It was absolute joy to read and learn.. Neat and clear explanation.. Thank you

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