Pride's Intra-Day Strategy [Profit Everyday]

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Rajadhiraj

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First trade of the day:

Short 4359
The level matches,

Hope the logic also matches, with me its close of 10:35 bar :)

PS: This trade triggered with stoch on 5 Mins already in an over sold zone, so it has a high probability of getting a flip on 5 Mins stoch,
Even if this trade goes on tobe a winner we should discuss this condition EoD, in light of SmartTrader's inputs.
 
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bandlab2

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my chart doesnt show sell. am i missiing something ? at 10:26 EMA crossed down, but 5 min stoch in oversold. after that no cross over
 

hitesh05

Well-Known Member
sold @ 4263..but a comparatively high risk trade...as 5min stoch was very close to oversold levels

hitesh I think your stoch setting might not be correct.
Pride.mu stoc average period is 8 %K period is 3 and %K slow is 4.....am using shrekhan TT ......is it acc to ur method ?
 

ag_fx

Well-Known Member
sold @ 4263..but a comparatively high risk trade...as 5min stoch was very close to oversold levels

hitesh I think your stoch setting might not be correct.
my chart doesnt show sell. am i missiing something ? at 10:26 EMA crossed down, but 5 min stoch in oversold. after that no cross over
My stoch was nearing oversold....just like Pride's....it was still above da oversold line when I entered the trade.
 
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