Intraday profit system

Intraday Trading makes profit?


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thanks satyan, now i am using google finance, i got all technicals here except sochastic (8,4,3). I still don't know how to plot sochastic (8,43,3) or is there any alternate Tech indicator.
 
thanks satyan, now i am using google finance, i got all technicals here except sochastic (8,4,3). I still don't know how to plot sochastic (8,43,3) or is there any alternate Tech indicator.
 

kingkrunal

Well-Known Member
DM bro... really grt work... but i have many confusion... my story is similar to u as in start... learnt less and lost more
money... so now on path of learning with earinng...

Please help me with which graph to follow ... is GOOGLE finance enough.. but not able to plot EMA and SMA both at a time.. :(

and also pls summarise the imp entry exit and book profit scenario in short ..
:confused:
 
Here is the set up for my system. Yes you can use Google Finance. Google is best free site. :)

DM bro... really grt work... but i have many confusion... my story is similar to u as in start... learnt less and lost more
money... so now on path of learning with earinng...

Please help me with which graph to follow ... is GOOGLE finance enough.. but not able to plot EMA and SMA both at a time.. :(

and also pls summarise the imp entry exit and book profit scenario in short ..
:confused:
 
Hello Mukherjee, what if the trade setup comes up on the last candle of the day ?? It is an intraday strategy, after all.

On Friday, the sell setup from Thursday continued, and later changed to a buy setup with 13:10 candle. On completion of the 2:55 candle, 3 EMA moved below 39 and the buy was cancelled. Later, at the very end of the session, the buy signal re-appeared.



PS: Can you please repeat the exit, stoploss and re-entry rules for me. Thanks.
 
Here is the set up for my system. Yes you can use Google Finance. Google is best free site. :)

Thanx DM,

Pl clarify stochastic > 16 or near 20 give signal to enter, I am little confused as its value varies from 0 to 100 in google finance. Pl correct me probably i am wrong, In the range of 0 -100, if stochastic (%k or %D any) is greater than 16 and incrementing (i.e momentum is good, and has nothing to deal with volume and price) one should enter.

Moreover buy/sell signal is generated many times by ema 3 and 13 x-over but 39 ema is not every time above or below the 3ema (for SL) to enter sell/buy. Pl do explain why as i am confused.

HOW TO PLOT VOLUME FOR INTRADAY IN ABOVE CHART (GOOGLE FINANCE)
 
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Hi satyen2073, now i am using google finance its really much better than yahoo one, but one problem,
Google 2 min candle is updated automatically but noe 5min and 30 min, Pl suggest how these TF can be updated automatically (i am using fire fox).
thanks