How I trade ?

I trade   mostly in Nifty and Banknifty .because continuously trading in few instruments give us an edge in trading.

My strategies?

I have two different strategies. I usually use two different methods. For trading a trend I use moving average crossover and for trading in range bound market I use pivot points

How I trade trends?

When 8ema cross over with a 50 ema in hourly and 15mts charts I enter a long position. However there are three conditions for it

•  Before this entry the previous entry should result in loss
•  Bolinger bands combinations should confirm the entry
•   ADX also should confirm the entry.

I will exit the position when prices in hourly or 15 mts charts drops below 50ema .



How I trade in Range bound market?

• First confirm that the market is not trendy
• Then identify  the markets range by using pivots points ,CPR,Supports and resistance,previous day high and low,weekly and monthly pivots.
• Combine the pivot regions with moving average cross overs as a result we will get a more smothed range of the instrument.
• Then buy near support and sell near resistance