Day trading - Intraday high Low almost predicted

[jxcess]

i have been subscribing to group of ppl with this technique..

Hope u guys understand..but there are few more strategies, to decide if the trend will be up or down on a particular day..


i will let u knw..

I just want to point out that condition 4 is a bit risky as we don't know when condition 3 will be satisfied. I think the same thing happened today with bpcl. So I feel condition 4 should only be undertaken by risky traders. What's your opinion on it?

 

[jaytrader]

Perfect and condition 4 occurs rare..

 

[sid2012]

Jay
Lets discuss our trades for today with reasons for doing those trades.
Hope it will take us one step forward to perfection.

 

[jaytrader]

Todays Trade - Volatile stocks

Stock open High 1 low 1 high 2 low 2

divis lab 936 935.6 926.98 947.82 921.97




l&t 1315 1317.443 1299.983333 1341.52 1289.12

 

[reachjj]

Todays Trade - Volatile stocks

Stock open High 1 low 1 high 2 low 2

divis lab 936 935.6 926.98 947.82 921.97




l&t 1315 1317.443 1299.983333 1341.52 1289.12

So DavisLab opened above High1 so, we will wait till it reaches near High2 and then short it?

L&T opened below High1, so what we should be doing?

 

[jaytrader]

L&T can wait till our low1 level - 1299..if does nt break ..can be bought..

 

[jxcess]

L&T can wait till our low1 level - 1299..if does nt break ..can be bought..

I shorted L&T as per condition 4

 

[jaytrader]

Divis lab looks weak..if breaks our low1 (927)..can reach targets of 916 then 911...

 

[jaytrader]

Divis lab is holding to our low 1 level( 927 )...Risk traders can buy it..with Low as SL

 

[jxcess]

Divis lab looks weak..if breaks our low1 (927)..can reach targets of 916 then 911...

so if LT comes close to 1317 we buy and if divis lab comes to 947 we sell. am I correct?