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Impulse Trading

The document outlines several trading strategies based on analyzing the first 15-minute candle of the day and whether price breaks the high or low of that candle. Key strategies include only trading if the previous day's high and low are broken, looking for gaps up or down and breaks of the first candle's high or low, and using three inside candles to signal potential buy or sell opportunities. Fibonacci and stair case strategies are also briefly described.

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Priya Gupta
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2K views1 page

Impulse Trading

The document outlines several trading strategies based on analyzing the first 15-minute candle of the day and whether price breaks the high or low of that candle. Key strategies include only trading if the previous day's high and low are broken, looking for gaps up or down and breaks of the first candle's high or low, and using three inside candles to signal potential buy or sell opportunities. Fibonacci and stair case strategies are also briefly described.

Uploaded by

Priya Gupta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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Impulse Tech Trading strategies

Thanks to King Harshubh for his great service to traders.

Here is a brief of the strategies.

The first 15 min candle is most important.


mark the high and low of the days first candle.
If during the day, the price breaks BOTH these values
expect next day to be a trend day.
If during the day, the price does NOT break BOTH these values
expect next day to be a reversal day.

Conditions for trading when the previous day 15mH AND 15mL
are broken:
mark the high low of the first candle and buy above the high or
sell below the low.for confirmation you may use 3 candles white or 3 candles black.

GAP UP/GAP Dn strategy: if there is gapup or gapdown, mark the first 15m H/L, the
next candle
should break this high or low. If it does not, no trade.If it breaks high
go long.If it breaks low go short.
Buy 1 point above the high and sell near EOD(3 pm) similarly
short near 1 pt below low and cover at EOD.

If the opening bar breaks previous day's High or low then also above
strategy can be used.

Three inside candle strategy: The three candles after the


first 15m candle, if they are inside candles, buy above the opening high
or sell below opening low. For Jackpot day both nifty and bank nifty should
form three inside candles and should break the high OR low AT THE SAME TIME.

Fibonacci reversal strategy:


If during the day, the price does NOT break BOTH ORB values
expect next day to be a reversal day.

mark H+0.0027*H value above and L-L*0.0027 below the opening candle of the new day.
precondition is that previous day ORB H and L both should not be broken.

Check the candle which breaks upper R0.27 line and note its high and low. If
subsequent candles Break the high NO Trade.
other wise Sell below the LOW of this candle for the target of L-L*0.0027
.Similarly
check the candle piercing the L-L*0.0027 line. Buy above the
high of that candle. If subsequent candles Break the Low NO Trade.

Stair case Strategy : if the 15min High is broken first, look for the break of
15min low
and vice versa. If the low is broken and there is a candle which is below the 15
min low
note its High and low. If this candle's low is not broken, look to buy above the
high for a
target of 15min High. Reverse in case the 15min low is broken first.

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