Day trading - Intraday high Low almost predicted

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jxcess

Active Member
as per my observations price of stock very rarely goes above H2 and similarly doesn't often go below L2. so a good strategy is to short when stock reaches H2 and go long when goes down to L2. this strategy can be followed throughout the day. target for H2 will be H1. target for L2 L1
 
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Thanks jxcess for your observations..

Request to please inform more on the trading observations or trading methods on using this system,,, Would help the new comers as well.... please

Like ..when to enter ... exit...short etc,,, a brief description abt it wud be appreciated...
please consider this request
 

haushang

Well-Known Member
as per my observations price of stock very rarely goes above H2 and similarly doesn't often go below L2. so a good strategy is to short when stock reaches H2 and go long when goes down to L2. this strategy can be followed throughout the day. target for H2 will be H1 and stop loss L1. target for L2 L1 and SL H1
buddy where is JAY still missing :confused::confused::confused:
 
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