sohan1_1

I trade with the below approach. I need suggestions on senior members here. I make consistent profit with to this but still would like to know more on this. THE MOST IMPORTANT THINGS TO TRACK IN DAY TRADING Previous days range (difference in days high and days low) the most important That days’ high and that days’ low at 10:15 am after the start of markets PDR = PDH - PDL F1 = 0.4333 * PDR F2 = 0.7666 * PDR F3 = 1.3333 * PDR Opening Range = High – Low (at 10.15 AM) If F1 > Opening Range Factor = F1 Else If F2 > Opening Range Factor = F2 Else If F3 > Opening Range Factor = F3 Buy Stop Order for Long = Intraday Low + Factor Target for Long = Buy Price * 1.005 (0.5 % gain) Stop for Long = Buy Price * 0.99 (1.0 % Loss) Sell Stop Order for Short= Intraday High - Factor Target for Short = Sell Price * 0.005 (0.5 % gain) Stop for Long = Sell Price * 1.005 (1.0 % Loss)