Moving average intraday trading strategy

You see the below screenshot for that day of BankNifty Future. So, you need to enter when all the indicators and oscillators fall in one place. Moreover, the volume is also rising with the price. One more confirmation is the trend which is also strong as suggested by ADX. So, the chart suggests that everything looks good and you can enter into a trade. This is the highest probability trade and your success in intraday trading is assured. Suppose you have entered into the trade and buy the BankNifty Future lot at around So, now you need to put the Stop Loss at 0.

However, if you can take some risk then you can trail your stop loss as well.

As intraday trading is a risky business, so I suggest you set your targets and exit as soon as your target met. Risk-reward management is yet another key to successful trading. Remember the last key things that you need to avoid trading in a range-bound or sideways market. So, you must trade in a strong trending market only. Furthermore, make sure that all indicators and oscillators align with each other.

Only then you can consider entering into the trade. If this crossover day trading strategy is used properly, then you will feel intraday trading is working on your way. However, before you put it into live trading, make sure you backtest it. The crossover day trading strategy is one of my high probable trade set up.

Top Stories

All you need is to be very disciplined and follow the rules blindly. Some trading sessions may not be your way. However, I suggest you stick to the rules. I hope this intraday trade set up expanded your view a bit and showed you how easy to trade and make money from the stock market.

Your email address will not be published. Volume Set Up Lastly, but the important one is the volume. Risk Management Suppose you have entered into the trade and buy the BankNifty Future lot at around Conclusion Remember the last key things that you need to avoid trading in a range-bound or sideways market.

Intraday Indicators

Hirander Misra. Anne Plested. Blog article. News in your inbox For Finextra's free daily newsletter, breaking news and flashes and weekly job board.

Sign Up. Channels Markets. Post-Trade Forum. External what does this mean? This content is provided by an external author without editing by Finextra.

It expresses the views and opinions of the author. Following are some useful tips to create the RSI based strategy for day trading; Get familiarized with reading RSI indicators and comprehending market trends from the information provided by RSI indicators and technical trading charts. Pair RSI indicator with moving average indicator in order to filter out the best stocks and assets in the up-trending market and eliminate the weak ones.

Monitor the stocks as closely as possible with the help of scanner software that enhances traders focus on worthwhile assets. Do not rely on higher or lower period settings but find out the one that works best for you.

Following the market is beneficial when it comes to stock trading but in case of forex, you need to remain on guard to protect your account from losses. Report abuse. Sign in. Log into your account. Forgot your password?

Create an account. Privacy Policy. Sign up. Password recovery. Recover your password.

• Moving Average Strategies for Forex Trading;
• how to trade options webinar.
• binary option robot watchdog.
• profitable forex expert advisor!
• How To Use Moving Averages - Moving Average Trading .
• trading strategies for sale?
• Selected media actions.

Get help.