I am sharing here one of the very simple and traditional techniques for intraday trading.
It is based on a concept called as Previous Day Breakout.
The steps involved in this technique are as described below
1. Identify previous day's range. (i.e High - Low)
2. Identify Buy/Sell levels. (0.05% above or below High/Low)
3. Trade based on the breakout.
I have explained this in my youtube video in more detail
https://www.youtube.com/watch?v=CRK19Y6zBhg
It is based on a concept called as Previous Day Breakout.
The steps involved in this technique are as described below
1. Identify previous day's range. (i.e High - Low)
2. Identify Buy/Sell levels. (0.05% above or below High/Low)
3. Trade based on the breakout.
I have explained this in my youtube video in more detail
https://www.youtube.com/watch?v=CRK19Y6zBhg
Intraday Trading using PRB (Previous Range Breakout)
