6 Tweets 28 reads Dec 18, 2024
You can earn Rs. 2,000 daily by trading one proven setup.
Most traders struggle to identify the right setup.
In this thread, I’ll teach you a simple strategy you can trade every day.πŸ‘‡
(1) Strategy breakdown:
Focus on the first 15-minute candle of the day.
Mark its high and low points.
Refer to these levels throughout the day for guidance. x.com
(2) How to take entry:
On the 5-minute chart, the stock pulls back to the VWAP and sets up for a pullback.
Breakout trades are risky and need precision and good fills, so instead of buying the breakout, we’re focusing on pullbacks for smaller stop-loss trades. x.com
(3) Stop loss strategy:
Our stop loss is placed at the pullback high, giving the trade enough space to move. x.com
(4) Exit strategy:
Once the price breaks the 10 EMA, we close the position and book our profits. x.com
Thread #219 - That's a wrap!
If you found this useful:
(1) Follow @rohaninvestor for more such threads.
(2) Bookmark this thread.
x.com

Loading suggestions...