Day trading - Intraday high Low almost predicted

[jaytrader]

Bro,

Only saving thing is open low same...

if open low same n if it holds, it would move up...

 

[Kavipriya28]

shasz,

Entry and Exit

Condition 1:If price opens below low 1 , buy @ low 2 ( make sure price does nt break low 2) , if breaks very weak


Condition 2: If price opens above high 1 , short at or near High 2( Make sure price does nt break high 2) , if breaks very bullish



Condition 3: Some times price may form low @ Low 1 and raise upto High1 , if breaks then high 2


Condition 4: some time s price wont cross High1 , from there we can short for first target Low 1 , then low 2.

If you don't mind can you please share the details on how to calculate low1 ,high 1 value?

 

[jxcess]

Bro,

Only saving thing is open low same...

if open low same n if it holds, it would move up...

what do u say about star acrolabs. can it be shorted now?

 

[jaytrader]

can be shorted .for targets of 744

 

[jaytrader]

JSW looking weak...i told to be cautious

 

[shashzz]

shorted STAR
but nearing SL of day high now

 

[jxcess]

shorted STAR
but nearing SL of day high now

it's best to follow and stick to the instructions. I went long in jsw @ 646 but shorted at 644 thinking it will go down in spite of condition 3 being satisfied. so went long again @ 650. star has not satisified any of the conditions so don't take a call now. wait for it to satisfy either 3 or 4

 

[jaytrader]

frens,

check high of JSW....

 

[mona10]

please jay again upload the excel sheet it was deleted please if i not disturbing .I observe this thread a liitle later

 

[shashzz]

there is no excel sheet
the levels are given by jaytrader during the market opening