How to trade?

Follow below strategy for trading:

1. At given levels first buy 2 lots.
2. At first target book one lot and keep other lot as per below SL (Ideally keep original SL).
• 1st Tgt hit , and SL, entry price are below 20 ema, then revise SL to cost. 
• 1st Tgt is hit, and SL is below 20 ema and entry price is above 20 ema, we will use original SL. 
• 1st Tgt is hit and SL, entry both are above 20 ema, we will hold with origional SL. Vice versa fer shorts.
3. Vice versa for Shorts also.
4. Repeat trade every time NF hits SL and cross the levels. Sometimes it's likely that SL hit on both sides in range bound market but breaking on any side will give big moves to cover earlier losses.

Following above strategy you get decent profits with max loss of 1800 in 2 lots in case of SL hits.




Due to flat and low volumes sometimes we hit SL multiple times in a day. To avoid this you need to observer 5 min NF live chart and check if close of 5 min candle is above or at SL. If so exit from the trade and enter reverse trade else hold current trade till 5 min candle closes at or above SL. Please observe this in charts for some days and trade accordingly. In this way we can minimize brokerage charges due to multiple trades and also loss due to SL hit.Follow this strategy in range bound or flat markets only.As you all know till Europe opens most of the times our markets move in a range and hit SL multiple times. So during first session make use of this rule to enter/exit from the trade.


As per this strategy sometimes need to trade 4 to 5 lots due to market volatility or conditions. If you are paying high brokerage then choose low brokerage firm or trade with one lot only and keep SL as per 20 EMA or original SL which is ideal always. But reverse your trade with one lot again in case of SL hit. Check performance of calls under Performance update page.


Few things to remember:

• Never break the strategy and exit/enter trade that violates the strategy.
• Don't mix other indicators get into trade. That may not be good idea.
• Never exit from the trade early. Wait till at least one target hit.
• As per my experience one can exit with 30-32 points profit at the EOD. So stick to the strategy and trade.
• Always take reverse trade in case of SL hit.

I request all members who are following my levels to trade and book profits as per levels. Due to office work I may not be online all the time and update the status on active calls. In trending market wait for 2nd or 3rd target and in range bound market book profits at 1st target. Don't wait for my update to book profits.