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Trading Setup.

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Vivek Nahta
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49 views

Trading Setup.

Uploaded by

Vivek Nahta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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# TRADING SETUP 1:

Indicators: 8 & 20 Moving average + Standard pivot point.


Time frame: 1 min and 5 min.
BANK NIFTY.
How to apply:
 Long when both the 8 and 20 MA line meet. Hold the position
till it meets again.
 Short when both meet again.
 Long/Buy when 8 MA crosses the 20 MA line from below. Short
on vice-versa.
 Always wait for the confirmation and then react.
 Keep an eye on pivot levels.
 Watch support and resistance levels carefully.
 Keep your stop loss somewhere around the 20 MA line.
 Trail your stop-loss accordingly.
Here, we enter when both the white and blue lines intersect each
other and hold the trade till it meets again.

Things to keep in mind:


 Always wait for the confirmation, then only take entry.
 Keep an eye on pivot levels.
 Do not trade against the trend.
 Make sure most of the factors are in your favor.
 Don’t trade if its against you.
TRADING SETUP 2:
INDICATORS: Bollinger bands.
Time frame: 15 min or 1 hr.
Settings:-

It works on the principle of overstretching. When the price reaches


above the Bollinger band, then there is a chance of a pullback to
the downside.
When the price reaches far below the Bollinger band, then there
will be a pullback to the upside.
How to apply:
 Buy/Sell when the price gets over-stretched either from the
upside or downside.
 Buy when the candle closes above the Bollinger band and the
next candle should not touch the band.
 Sell when the candle closes below the Bollinger band and the
next candle should not touch the band.
 Place stop loss at the previous candle and trail accordingly.
 Look for a 1:4 Risk to Reward minimum.

For Buy:

Here, the candle is above the BB and the next candle is not
touching the band. Buy at this point and exit when the candle
touches the band.
For sell:

Here, the candle is traveling below the BB band and the next
candle is not touching the band. Short at this point and trail your
stop losses as you move forward.
Things to keep in mind:
 There will be times when stop loss will hit and that’s
okay. Ek successful trade me poore loss recover ho
jaenge.
 Do not overtrade.
 Check previous data and charts.
 Quantity matters.
 This setup also works in intraday, long-term, and swing
trading.
 200–300 point ka stoploss hoga lekin target 400-600 se
zyada.
 Practice 15-20 trades before applying with real money.

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