CCI based breakout scanner to identify swing trades/positional trades/investment ideas.
There are a million scanners out there. Don't get lost and start focussing on just one and perfect it!
https://t.co/WyO38XG4HV
Struggling to find a scanner/strategy to trade stocks?\U0001f9d0
— Trendline Investor (@dmdsplyinvestor) October 1, 2022
In this thread, I am sharing setups I follow
\u2705CCI based Breakout & Reversal scanner
\u2705Breakout and reversal trading strategies
\u2705Exit strategies
If you are really serious to learn don't miss no.9\u20e3!
Let\u2019s go! \U0001f9f5...
"I really want to break into comics"
— Ed Brisson (@edbrisson) December 4, 2018
make comics.
"If only someone would tell me how I can get an editor to notice me."
Make Comics.
"I guess it's impossible and I'll never break into the industry."
MAKE COMICS.
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
(1/n)
Already explained strategy of #opendrive
— Pathik (@Pathik_Trader) May 27, 2020
Backtested results in 30 stocks and nifty, banknifty.
Success ratio : approx 40-45%
RR average 1:2
Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL
39 months 14 months -ve, 25 +ve
Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy
So today we will discuss two more price action setups to get good long side trade for intraday.
— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
#nifty
— Pathik (@Pathik_Trader) June 23, 2020
This is how it created long setup by taking support at PDC.
hopefully shared setup on last weekend helped. pic.twitter.com/2mduSUpMn5